文章基本信息

标题：Are Government Bonds Net Wealth? Some Empirical Evidence
本地全文：下载
作者：Tito Belchior Silva Moreira ; Geraldo da Silva e Souza ; Fernando Antônio Ribeiro Soares 等
期刊名称：Modern Economy
印刷版ISSN：2152-7245
电子版ISSN：2152-7261
出版年度：2011
卷号：2
期号：3
页码：412-415
DOI：10.4236/me.2011.23045
出版社：Scientific Research Publishing
摘要：This paper aims to investigate the impact of government debt on economic growth for a balanced panel of G7 countries over the period 1990-2008. We found empirical evidence that Ricardian Equivalence does not holds in general. The analysis indicates that only Germany shows a negative association between public debt and economic growth. The US and France show Ricardian equivalence and UK, Japan, Italy and Canada show a positive association.
关键词：Public Debt; Economic Growth; Ricardian Equivalence