Ricardian Equivalence Revisited: Evidence from OECD countries

Gerhard Reitschuler and Jesus Crespo Cuaresma

Economics Bulletin, 2004, vol. 5, issue 16, 1-10

Abstract: Using a theoretical model based on dynamic optimizing agents, we test empirically the Ricardian Equivalence Proposition (REP) for 26 OECD countries. The empirical specification allows us to obtain estimates of the structural parameters of the theoretical model and to test directly the hypothesis implied by the REP. We find that the REP cannot be rejected for 10 out of 26 countries, where 9 of these 10 countries are European.

JEL-codes: E2 E6 (search for similar items in EconPapers)
Date: 2004-09-13
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.accessecon.com/pubs/EB/2004/Volume5/EB-04E20005A.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-04e20005

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().