Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:alsoKnownAs |
Ricardian equivalence
|
| gptkbp:assumes |
rational agents
perfect capital markets intergenerational altruism |
| gptkbp:criticizedFor |
unrealistic assumptions
|
| gptkbp:describes |
relationship between government borrowing and taxation
|
| gptkbp:developedBy |
gptkb:Robert_Barro
|
| gptkbp:field |
macroeconomics
|
| https://www.w3.org/2000/01/rdf-schema#label |
Barro-Ricardo equivalence
|
| gptkbp:implies |
deficit-financed government spending does not affect aggregate demand
|
| gptkbp:influencedBy |
gptkb:David_Ricardo's_writings_(19th_century)
|
| gptkbp:opposedBy |
gptkb:Keynesian_view_of_fiscal_policy
|
| gptkbp:proposedBy |
gptkb:David_Ricardo
|
| gptkbp:publishedIn |
gptkb:Journal_of_Political_Economy
|
| gptkbp:relatedTo |
gptkb:economic_policy
gptkb:government taxation government budget constraint |
| gptkbp:state |
government borrowing has equivalent effect to taxation
|
| gptkbp:yearProposed |
1974
|
| gptkbp:bfsParent |
gptkb:Robert_J._Barro
|
| gptkbp:bfsLayer |
6
|