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...
| Autor Corporativo: | |
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| Formato: | Revista |
| Idioma: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
1988.
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| Series: | IMF Staff Papers; IMF Staff Papers ;
No. 1988/001 |
| Acceso en liña: | Full text available on IMF |