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Ricardian Equivalence: An Evaluation of Theory and Evidence

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NBER1987-07-01 更新2025-01-04 收录
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In evaluating the existing theory and evidence on Ricardian equivalence, it is essential to distinguish between the short run effects of government borrowing (primarily the potential for stimulating aggregate demand) and the long run effects (primarily the potential for depressing capital

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1987-07-01
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