Fiscal Policy and Private Sector Saving Behavior: Tests of Ricardian Equivalence in Some Developing Economies
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...
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
International Monetary Fund
1987
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| Series: | IMF Working Papers
Working Paper No. 87/51 |
| Online Access: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Summary: | 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 |
| Physical Description: | 1 Online-Ressource (24 p) |
| ISBN: | 145197048X 9781451970487 |
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| index_date | 2024-07-03T20:13:17Z |
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| spelling | International Monetary Fund Verfasser aut Fiscal Policy and Private Sector Saving Behavior Tests of Ricardian Equivalence in Some Developing Economies Washington, D.C International Monetary Fund 1987 1 Online-Ressource (24 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 87/51 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 Online-Ausg International Monetary Fund Sonstige oth http://elibrary.imf.org/view/IMF001/02507-9781451970487/02507-9781451970487/02507-9781451970487.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Fiscal Policy and Private Sector Saving Behavior Tests of Ricardian Equivalence in Some Developing Economies |
| title | Fiscal Policy and Private Sector Saving Behavior Tests of Ricardian Equivalence in Some Developing Economies |
| title_auth | Fiscal Policy and Private Sector Saving Behavior Tests of Ricardian Equivalence in Some Developing Economies |
| title_exact_search | Fiscal Policy and Private Sector Saving Behavior Tests of Ricardian Equivalence in Some Developing Economies |
| title_exact_search_txtP | Fiscal Policy and Private Sector Saving Behavior Tests of Ricardian Equivalence in Some Developing Economies |
| title_full | Fiscal Policy and Private Sector Saving Behavior Tests of Ricardian Equivalence in Some Developing Economies |
| title_fullStr | Fiscal Policy and Private Sector Saving Behavior Tests of Ricardian Equivalence in Some Developing Economies |
| title_full_unstemmed | Fiscal Policy and Private Sector Saving Behavior Tests of Ricardian Equivalence in Some Developing Economies |
| title_short | Fiscal Policy and Private Sector Saving Behavior |
| title_sort | fiscal policy and private sector saving behavior tests of ricardian equivalence in some developing economies |
| title_sub | Tests of Ricardian Equivalence in Some Developing Economies |
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