Ricardian Equivalence and Lucas Critique: An Alternative Test of Ricardian Equivalence Using Super Exogeneity Tests in Simulated Series

Adolfo Sachsida, Fabio Carlucci Walnut and Mario Jorge Cardoso de Mendonça
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Fabio Carlucci Walnut: University of Brasília (UnB), Brazil
Mario Jorge Cardoso de Mendonça: Institute for Applied Economic Research (IPEA), Brazil

Economia, 2010, vol. 11, issue 4, 15_26

Abstract: This article considers an alternative methodology nested on super exogeneity tests to verify the occurrence of Ricardian quivalence. The advantage of this new procedure is based on the intuitive appeal and the statistical procedure, more appropriated than the econometric techniques previously adopted in this literature.

Keywords: Ricardian Equivalence; Lucas Critic; Public Debt; Super Exogeneity Tests (search for similar items in EconPapers)
JEL-codes: C63 E62 H30 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (1)

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Related works:
Working Paper: RICARDIANEQUIVALENCE AND LUCAS CRITIQUE: AN ALTERNATIVE TEST OF RICARDIANEQUIVALENCE USING SUPER EXOGENEITY TESTS IN SIMULATED SERIES (2011)
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