The (In)Validity of the Ricardian Equivalence Theorem—Findings from a Representative German Population Survey

The (In)Validity of the Ricardian Equivalence Theorem—Findings from a Representative German Population Survey

In this paper, we utilise data from a German population survey to test the validity of the Ricardian equivalence theorem (RET). In 2013, 2,000 representatively chosen people were asked whether they have altered their consumption and saving behaviour in response to the significant increase in public...

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Détails bibliographiques
Publié dans:MAGKS - Joint Discussion Paper Series in Economics (Band 11-2016)
Auteurs principaux: Hayo, Bernd, Neumeier, Florian
Format: Article
Langue:anglais
Publié: Philipps-Universität Marburg 2016
Sujets:
Ricardian equivalence
private saving
survey; Germany.
public debt
Wirtschaft
private consumption
Economics
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