Adji, Artidiatun; Alm, James - In: Journal of contemporary economic and business issues 3 (2016) 1, pp. 5-31
identical effects on various economic measures, a view sometimes termed “Ricardian Equivalence”. However, this “Ricardian view … virtually all of our time series tests, that Ricardian Equivalence does not hold; that is, the predictions of the Ricardian … support to Ricardian Equivalence are those that recognize the importance of oil in the Indonesian economy. Even so, our …