Search Results - subject_exact:"Ricardian equivalence"

Long-run determinants of the net international investment position

Kuziemska-Pawlak, Kamila; Ito, Hiroyuki - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015594842

Crowding out or Ricardian behaviour? : evidence from South Africa

Sanusi, Kazeem Abimbola; Dickason Koekemoer, Zandri - 2026

This paper examines whether government debt financing crowds out private consumption in South Africa or whether household behaviour is consistent with Ricardian equivalence. Using quarterly data from 1960Q1 to 2025Q1, the study employs a Bayesian time-varying parameter framework that...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015652204

How Ricardian are we?

Adams, Jonathan; Matthes, Christian - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015636937

The Ricardian equivalence under collateral constraints

Divino, José Angelo; Filho, Jolivê Santana; Orrillo, Jaime - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015628190

Bequests

Horioka, Charles - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015420480

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Bequests

Horioka, Charles - 2025

Book / Working Paper

Bequests

Horioka, Charles - 2025

Book / Working Paper

Bequests

Horioka, Charles - 2025

Book / Working Paper

Fiscal requirements for price stability when households are not Ricardian

Dupraz, Stéphane; Rogantini Picco, Anna - 2025

Are restrictions on fiscal policy necessary for monetary policy to be able to deliver price stability? When households are Ricardian, the net present value of future fiscal surpluses needs to equate the real value of government debt absent inflation. We show that when households are not...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015339693

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Fiscal requirements for price stability when households are not ricardian

Dupraz, Stéphane; Rogantini Picco, Anna - 2025

Book / Working Paper

Brothers in arms : monetary-fiscal interactions without ricardian equivalence

Rachel, Lukasz; Ravn, Morten O. - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015441246

Can deficits finance themselves?

Angeletos, Marios; Lian, Chen; Wolf, Christian - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015117827

A comment on "Paper money" by Chris Sims

Hagedorn, Marcus - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015210393

The failed theory of the price level

Hagedorn, Marcus - 2024

The Fiscal Theory of the Price Level (FTPL) is a promise to obtain price level determinacy even if the nominal interest rate is constant. The idea is that a unique current price level ensures that the present value government budget constraint holds. I establish that this idea hinges on the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014464269

Bargaining-Equilibrium Equivalence

Bhowmik, Anuj; Saha, Sandipan - 2023

The paper tries to answer one of the more nascent questions in the literature on general equilibrium theory by investigating the equivalence between the set of club equilibrium states and the bargaining set for a club economy. Clubs in this framework are treated in a parallel fashion to private...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014353374

E=mc^2 : Mass-Energy Equivalence

Annamalai, Chinnaraji - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014356405

Pareto improving fiscal and monetary policies: Samuelson in the New Keynesian model

Aguiar, Mark; Amador, Manuel; Arellano, Cristina - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014339987

The effect of budget deficits on the current account in Eswatini : investigating the twin deficit hypothesis

Mkhonta, Simiso Fabian - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015574404

Local determinacy in incomplete-markets models

Hagedorn, Marcus - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014431642

Do temporary business tax cuts matter? : a general equilibrium analysis

Gbohoui, William - 2019

This paper develops a dynamic general equilibrium model to assess the effects of temporary business tax cuts. First, the analysis extends the Ricardian equivalence result to an environment with production and establishes that a temporary tax cut financed by a future tax-increase has no real...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012009276

The effectiveness of fiscal policy in DR Congo : spending and taxing for macroeconomic impact

Banza M, M'pya; Lubula E, Mumbere; Kaghoma C, Kamala - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015443610

Does the fiscal theory of the price level help to explain the us economy?

Le, Vo Phuong Mai; Meenagh, David; Minford, Patrick; … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015506773

Micro-evidence on the consumption impact of income-support policies during covid-19

Hadzi-Vaskov, Metodij; Luttini, Emiliano; Ricci, Luca … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015410816

Relationship between fiscal deficits and unemployment in South Africa

Marire, Juniours - 2022

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013363352

Reflections on Ricardian equivalence

Barro, Robert J. - 1998

Persistent link: https://ebvufind01.dmz1.zbw.eu/10001304352

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Reflections on Ricardian equivalence

Barro, Robert J. - 1996

Book / Working Paper

Reflections on Ricardian Equivalence

Barro, Robert J. - 2022

Book / Working Paper

Reflections on Ricardian Equivalence

Barro, Robert J. - 1996

Book / Working Paper

Ricardian Business Cycles

Bretscher, Lorenzo; Fernández-Villaverde, Jesús; … - 2022

This paper presents a dynamic stochastic general equilibrium model of Ricardian business cycles. Our model is Ricardian because countries (or, equivalently, regions) trade to take advantage of their comparative advantages. Their relative efficiencies, however, change over time stochastically....

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014241801

Ricardian Equivalence revisited : introductory notes

Busato, Maria Isabel - 2022

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013361333

How and when to balance the government budget

Pressman, Steven - 2022

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013463273

Asymmetries in twin deficit hypothesis : evidence from CEE countries

Turan, Taner; Karakas, Mesut - 2018

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012152821

Empirical test of the Ricardian Equivalence in the Kingdom of Lesotho

Mosikari, Teboho Jeremiah; Eita, Joel Hinaunye - 2017

The objective of this paper is to test the existence of Ricardian Equivalence in Lesotho using annual data for two sample periods, 1980–2014 and 1988–2014. This proposition is important and has crucial implications for tax policy. Household consumption, government debt, government...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10011882502

Thomas Edward Cliffe Leslie's enthralling journeys and his critique of Ricardianism : from inductive political economy to the emergence of British historical economics

Manioudis, Manolis - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015057660

On the Ricardian Equivalence Theorem in the presence of banks and a reserve requirement

Batina, Raymond G.; Ihori, Toshihiro - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014631220

Deficit financing and consumption : a study of Indian private consumption expenditure

Mehta, Dhyani - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015175430

The analyses of structural vector autoregressive model on the twin deficit convergence among the emerging economies : does Ricardian equivalence hypothesis matter?

Okoli, Tochukwu Timothy - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015329128

Ricardian Equivalence with Incomplete Household Risk Sharing

Nishiyama, Shinichi; Smetters, Kent A. - 2021

Several important empirical studies (e.g., Altonji, Hayashi, and Kotlikoff, 1992, 1996, 1997) find that households are not altruistically-linked in a way consistent with the standard Ricardian model, as put forward by Barro (1974). We build a two-sided altruistic-linkage model in which private...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013242891

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Ricardian Equivalence with Incomplete Household Risk Sharing

Nishiyama, Shinichi - 2002

Book / Working Paper

A strategic altruism model in which Ricardian equivalence does not hold

Kotlikoff, Laurence J. - 1990

Persistent link: https://ebvufind01.dmz1.zbw.eu/10001100156

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A Strategic Altruism Model in Which Ricardian Equivalence Does Not Hold

Kotlikoff, Laurence J.; Razin, Asaf; Rosenthal, Robert W. - 2021

Book / Working Paper

A Strategic Altruism Model In Which Ricardian Equivalence Does Not Hold

Kotlikoff, Laurence J. - 1988

Book / Working Paper

Ricardian equivalence : an evaluation of theory and evidence

Bernheim, Bert Douglas - 1987

Persistent link: https://ebvufind01.dmz1.zbw.eu/10001060465

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Ricardian equivalence : an evaluation of theory and evidence

Bernheim, Bert Douglas - 1987

Book / Working Paper

Ricardian Equivalence : an Evaluation of Theory and Evidence

Bernheim, B. Douglas - 2021

Book / Working Paper

Ricardian Equivalence : An Evaluation of Theory and Evidence

Bernheim, B. Douglas - 1987

Book / Working Paper

The Ricardian approach to budget deficits

Barro, Robert J. - 1988

Persistent link: https://ebvufind01.dmz1.zbw.eu/10000757801

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The Ricardian Approach to Budget Deficits

Barro, Robert J. - 2021

Book / Working Paper

The Ricardian Approach to Budget Deficits

Barro, Robert J. - 1988

Book / Working Paper

The Ricardian approach to budget deficits

Barro, Robert J. - 1988 - Rev

Edition: Rev

Book / Working Paper

Generational policy

Kotlikoff, Laurence J. - 2002

Persistent link: https://ebvufind01.dmz1.zbw.eu/10001772987

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Generational policy

Kotlikoff, Laurence J. - 2001

Book / Working Paper

Generational Policy

Kotlikoff, Laurence J. - 2021

Book / Working Paper

Generational policy

Kotlikoff, Laurence J. - 2003

Book / Working Paper

Generational Policy

Kotlikoff, Laurence J. - 2001

Book / Working Paper

Is it is or is it Ain't My Obligation? Regional Debt in Monetary Unions

Cooper, Russell W.; Kempf, Hubert; Peled, Dan - 2021

This paper studies the implications of the circulation of interest bearing regional debt in a monetary union. Does the circulation of this debt have the same monetary implications as the printing of money by a central government? Or are the obligations of this debt simply backed by future...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013310257

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Is it is or is it Ain't my Obligation? Regional Debt in Monetary Unions

Cooper, Russell - 2004

Book / Working Paper

Monetary and Fiscal Policy Interactions in a New Keynesian Model with Capital Accumulation and Non-Ricardian Consumers

Leith, Campbell B.; Thadden, Leopold von - 2021

This paper develops a small New Keynesian model with capital accumulation and government debt dynamics. The paper discusses the design of simple monetary and fiscal policy rules consistent with determinate equilibrium dynamics in the absence of Ricardian equivalence. Under this assumption,...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013317567

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Monetary and Fiscal Policy Interactions in a New Keynesian Model with Capital Accumulation and Non-Ricardian Consumers

Leith, Campbell B. - 2016

Book / Working Paper

Asymmetric Effects of Government Spending : Does the Level of Real Interest Rates Matter?

Choi, Woon Gyu - 2005

This paper empirically explores how fiscal policy (represented by increases in government spending) has asymmetric effects on economic activity at different levels of real interest rates. It suggests that the effect of fiscal policy depends on the level of real rates, since the Ricardian effect...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014400636

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Asymmetric Effects of Government Spending : Does the Level of Real Interest Rates Matter?

Choi, Woon Gyu; Devereux, Michael B. - 2021

Book / Working Paper

Ricardian fiscal regimes in the European Union

Afonso, António - 2008

Persistent link: https://ebvufind01.dmz1.zbw.eu/10003726486

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Ricardian Fiscal Regimes in the European Union

Afonso, António - 2021

Book / Working Paper

Ricardian Fiscal Regimes in the European Union

Afonso, António - 2008

Book / Working Paper

Fiscal policy with impure intergenerational altruism

Abel, Andrew B. - 1991

Persistent link: https://ebvufind01.dmz1.zbw.eu/10001115928

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Fiscal Policy with Impure Intergenerational Altruism

Abel, Andrew B.; Bernheim, Bert Douglas - 2021

Book / Working Paper

Fiscal Policy With Impure Intergenerational Altruism

Abel, Andrew B. - 1988

Book / Working Paper

Fiscal requirements for price stability

Woodford, Michael - 2001

Persistent link: https://ebvufind01.dmz1.zbw.eu/10001605437

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Fiscal Requirements for Price Stability

Woodford, Michael - 2021

Book / Working Paper

Fiscal Requirements for Price Stability

Woodford, Michael - 2001

Book / Working Paper

Fiscal policy effectiveness and neutrality results in a non-Ricardian world

Detken, Carsten - 1999

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013434270

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Fiscal Policy Effectiveness and Neutrality Results in a Non-Ricardian World

Detken, Carsten - 2021

Book / Working Paper

Are bond-financed deficits inflationary? : a Ricardian analysis

McCallum, Bennett T. - 1982

Persistent link: https://ebvufind01.dmz1.zbw.eu/10002410500

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Are Bond-Financed Deficits Inflationary? A Ricardian Analysis

McCallum, Bennett T. - 2021

Book / Working Paper

Are Bond-Financed Deficits Inflationary? A Ricardian Analysis

McCallum, Bennett T. - 1982

Book / Working Paper

Taxes, Budget Deficits Ad Consumer Spending : Some New Evidence

Feldstein, Martin S.; Elmendorf, Douglas W. - 2021

Because of the restrictive assumptions required to establish the theory of Ricardian equivalence, its relevance in practice is essentially an empirical question. The strongest direct evidence in favor of Ricardian equivalence is Roger Kormendi's (1983) article in the American Economic Review....

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013224202

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Taxes, Budget Deficits ad Consumer Spending : Some New Evidence

Feldstein, Martin - 1987

Book / Working Paper

The failure of Ricardian Equivalence under progressive wealth taxation

Abel, Andrew B. - 1986

Persistent link: https://ebvufind01.dmz1.zbw.eu/10001022482

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The failure of Ricardian Equivalence under progressive wealth taxation

Abel, Andrew B. - 1986

Book / Working Paper

The Failure of Ricardian Equivalence Under Progressive Wealth Taxation

Abel, Andrew B. - 2021

Book / Working Paper

The Failure of Ricardian Equivalence Under Progressive Wealth Taxation

Abel, Andrew B. - 1986

Book / Working Paper

Consumers' updating, policy shocks and public debt : an empirical assessment of state dependencies

Geiger, Martin; Zachariadis, Marios - 2021

In dieser Studie werden die Effekte von Geld- und Fiskalpolitik auf Konsumentenerwartungen in Szenarien von hohem und niedrigem öffentlichen Schuldenstand empirisch untersucht. In Reaktion auf einen Anstieg der Staatsausgaben steigen Konsumpläne bei niedrigem, fallen jedoch bei hohem...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012806623

Fiscal policy perceptions in a behavioral New Keynesian model

Lubik, Thomas A.; Marzo, Massimiliano - 2021

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013350838

The public debt and the Ricardian equivalence : some critical remarks

Sardoni, Claudio - 2021

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012648640

Is the selfish life-cycle model more applicable in Japan and, if so, why? : a literature survey

Horioka, Charles - 2020

The selfish life-cycle model or hypothesis is, together with the dynasty or altruism model, the most widely used theoretical model of household behavior in economics, but does this model apply in the case of a country like Japan, which is said to have closer family ties than other countries? In...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012291218

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