文章基本信息

标题：Ricardian Equivalence Revisited: Evidence from OECD countries
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作者：Gerhard Reitschuler ; Jesús Crespo Cuaresma
期刊名称：Economics Bulletin
电子版ISSN：1545-2921
出版年度：2004
卷号：5
出版社：Economics Bulletin
摘要：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.