Testing the Ricardian Equivalence Theorem: Time Series Evidence from Turkey

Two of the most common measures adopted by the government to stimulate the economy are increasing government borrowings and implementing tax cuts. These tax cuts are financed through increased debt. According to the Ricardian equivalence theory, the consumers will not change their current spending w...

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Bibliographic Details
Main Author: Ahmet Salih İkiz
Format: Article
Language:English
Published: MDPI AG 2020-08-01
Series:Economies
Subjects:
Online Access:https://www.mdpi.com/2227-7099/8/3/69