Empirical evidence on the Ricardian equivalence in Romania

Daniel Belingher and Nicolae Moroianu
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Nicolae Moroianu: Bucharest University of Economic Studies, Romania

Theoretical and Applied Economics, 2015, vol. XXII, issue 2(603), Summer, 163-170

Abstract: The Ricardian equivalence has become one of the main research concern for many contemporary economists, in the actual context – by stepping into the second phase of a structural economic crisis. This paper is showing through an econometric model what happened in Romania between 2004 and 2012 with the households’ consumption, by following the Ricardian equivalence hypothesis.

Keywords: Ricardian equivalence; consumption; government expenditure. (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (4)

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