Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Investopedia / Yurle Villegas The Ricardian ...
Our last post led to reactions from Mark Thoma, Nick Rowe, Paul Krugman and Brad DeLong. And, as some of the posts make clear, there is not always agreement about about how to think about the effects ...
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 ...
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 ...
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 ...
Explore the Ricardo-Barro effect, its meaning, theory, and criticisms. Learn why increased government debt may not impact ...
Paul Krugman has a nice piece today looking at pieces of economic theorising which most certainly used to be true but which probably aren't now. No, it's not that our answers to the economic questions ...
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, ...
English economist David Ricardo (1772-1823). theorised that consumers would respond to debt-financed government spending by saving more in anticipation of future tax rises (Photo by Hulton ...
DeAnne Julius, former member of the Monetary Policy Committee of the Bank of England, wrote in the Financial Times defending David Cameron's austerity policy for the U.K. He wrote: "If debt is the ...
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