Leith, Campbell B. (contributor); … - 2006
of Ricardian equivalence. Under this assumption, government debt turns into a relevant state variable which needs to be …
fiscal policy rules consistent with determinate equilibrium dynamics in the absence of
Ricardian equivalence. Under this … Ricardian equivalence. In line with the
logic spelled out in Leeper (1991), the joint design problem of monetary and fiscal …