The validity of the Ricardian equivalence proposition remains disputed in spite of the numerous empirical studies. This study utilized panel ARDL estimation approach to investigate the evidence of ...
The economic coverage in the New York Times can be really rather confusing at times. Because sometimes they're able to explain the basic ideas really rather well. For example, today they tell us about ...
Stimulus is supposed to be the key to recovery, and governments around the world are embracing it as never before. But a long-forgotten theory dating back almost 200 years is increasingly weighing on ...
Stimulus is supposed to be the key to recovery, and governments around the world are embracing it as never before. But a long-forgotten theory dating back almost 200 years is increasingly weighing on ...
This project aims to empirically explore Ricardian equivalence using recent changes to federal payroll taxation. Ricardian equivalence, the idea that consumers are forward looking and internalize debt ...
John Maynard Keynes could certainly craft a neat phrase. In the Second World War, he wrote in his pamphlet How to Pay for the War: “It is only in a free community that the task of government is ...
This paper looks at theoretical and empirical issues associated with the operation of fiscal stabilisers within an economy. It argues that such stabilisers operate most effectively at a national, ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Faced with the biggest cuts to government budgets in generations, the British response is not to make do and ...
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