Testing of the Ricardian Equivalence proposition: An Empirical Examination for Malaysia (1962-2006)

This paper investigates the effects of debts and budgetary deficit on real variables using structural Vector Error Correction Model (VECM) method with long-run restrictions. We compare our estimates of the impulse responses with those based on levels Vector Auto-Regressive (VAR) with standard recurs...

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Bibliographic Details
Main Authors: Ismadi Ismail, Abdul Ghafar Ismail, Rosilawati Amiruddin
Format: Article
Language:English
Published: Universitas Gadjah Mada 2008-06-01
Series:Gadjah Mada International Journal of Business
Subjects:
VAR
Online Access:https://jurnal.ugm.ac.id/gamaijb/article/view/5571