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Taxes, Budget Deficits ad Consumer Spending: Some New Evidence

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NBER1987-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2355
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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. That
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1987-08-01
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