|
|
|
|
| LEADER |
01744cas a2200241 a 4500 |
| 001 |
AALejournalIMF010523 |
| 008 |
230101c9999 xx r poo 0 0eng d |
| 020 |
|
|
|c 15.00 USD
|
| 020 |
|
|
|z 9781451956771
|
| 022 |
|
|
|a 1020-7635
|
| 040 |
|
|
|a BD-DhAAL
|c BD-DhAAL
|
| 110 |
2 |
|
|a International Monetary Fund.
|b Research Dept.
|
| 245 |
1 |
0 |
|a IMF Staff papers :
|b Volume 35 No. 1.
|
| 264 |
|
1 |
|a Washington, D.C. :
|b International Monetary Fund,
|c 1988.
|
| 300 |
|
|
|a 1 online resource (228 pages)
|
| 490 |
1 |
|
|a IMF Staff Papers
|
| 500 |
|
|
|a <strong>Off-Campus Access:</strong> No User ID or Password Required
|
| 500 |
|
|
|a <strong>On-Campus Access:</strong> No User ID or Password Required
|
| 506 |
|
|
|a Electronic access restricted to authorized BRAC University faculty, staff and students
|
| 520 |
3 |
|
|a A central proposition regarding effects of different mechanisms of fi-nancing public expenditures is that, under specific circumstances, it makes no difference to the level of aggregate demand if the government finances its outlays by debt or taxation. This so-called Ricardian equivalence states that, for a given expenditure path, substitution of debt for taxes does not affect private sector wealth and consumption. This paper provides a model illustrating the implications of Ricardian equivalence, surveys the litera-ture, considers effects of relaxing the basic assumptions, provides a frame-work to study implications of various extensions, and critically reviews recent empirical work on Ricardian equivalence.
|
| 538 |
|
|
|a Mode of access: Internet
|
| 830 |
|
0 |
|a IMF Staff Papers; IMF Staff Papers ;
|v No. 1988/001
|
| 856 |
4 |
0 |
|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/024/1988/001/024.1988.issue-001-en.xml
|z IMF e-Library
|