Sökning: "Ricardian equivalence"
Hittade 2 avhandlingar innehållade orden Ricardian equivalence.
1. Essays on stochastic fiscal policy, public debt and private consumption
Sammanfattning : This dissertation consists of five separate essays (and a short introductory chapter) that analyze the effects of debt policy on private consumption. Essay 1: Government Debt and Private Consumption: Theory and Evidence. The Ricardian equivalence theorem has been widely debated since (at least) the seventies. LÄS MER
2. Interpreting budget deficits and productivity fluctuations
Sammanfattning : This thesis includes four self-contained essays on budget deficits and productivity fluctuations:ESSAY I evaluates the effects of budget deficits on several key macroeconomic variables of the Swedish economy by estimating a vector autoregression model. The main finding is that - apart from a positive transitory real interest rate effect associated with a shock in the deficit - neither actual nor unexpected movements in deficits have any significant explanatory power for the determination of real non-fiscal variables. LÄS MER