IMF Staff papers : Volume 35 No. 1.
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 tha...
| Collectivité auteur: | |
|---|---|
| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
1988.
|
| Collection: | IMF Staff Papers; IMF Staff Papers ;
No. 1988/001 |
| Accès en ligne: | Full text available on IMF |