UID:
almafu_9958116571402883
Umfang:
1 online resource (24 pages)
ISBN:
9781455228287
,
1455228281
,
9781462398461
,
1462398464
Serie:
IMF Working Papers
Inhalt:
Tax or debt financing of a given rate of government expenditures would, according to the now well-known Ricardian Equivalence proposition, have equivalent effects on aggregate demand. Among the reasons for a deviation from the equivalence is the possibility that the government and the private sector have different planning horizons. The paper finds no empirical support for differing planning horizons across sectors in a group of 16 developing economies and, therefore, provides empirical evidence for the equivalence hypothesis.
Anmerkung:
Bibliographic Level Mode of Issuance: Monograph
,
English
Weitere Ausg.:
ISBN 9781451970487
Weitere Ausg.:
ISBN 145197048X
Weitere Ausg.:
ISBN 9781455215058
Weitere Ausg.:
ISBN 1455215058
Sprache:
Englisch
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