Browsing The Economic and Social Review, Vol. 22, No. 3, April, 1991 by Subject "consumption"
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Ricardian equivalence and the Irish consumption function: the evidence re-examined
(Economic & Social Studies, Dublin, 1991)The Ricardian Equivalence hypothesis states that economic agents perceive the future tax liabilities implicit in government debt issue and thus that increasing government expenditure partially crowds out private sector ...