Ricardian equivalence and the intertemporal Keynesian multiplier

Jean-Pascal Benassy ()

PSE Working Papers from PSE (Ecole normale supérieure)

Abstract: We show that Keynesian multiplier effects can be obtained in dynamic optimizing models if one combines both price rigidities and a "non Ricardian" framework where, due for example to the birth of new agents, Ricardian equivalence does not hold.

New Economics Papers: this item is included in nep-dge, nep-mac and nep-pbe
Date: 2006
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Journal Article: Ricardian equivalence and the intertemporal Keynesian multiplier (2007)
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Persistent link: http://EconPapers.repec.org/RePEc:pse:psecon:2006-15

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