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The Ricardian Approach to Budget Deficits

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NBER1988-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2685
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资源简介:
Persistent budget deficits have increased economists' interest in theories and evidence about fiscal policy. This paper develops the Ricardian approach and contrasts it with standard models. The discussion considers from major theoretical objections to Ricardian equivalence-finite lifetimes,
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1988-08-01
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