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Ricardian Equivalence


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— Med Jones

Ricardian equivalence is an economic theory that argues that attempts to stimulate an economy by increasing debt-financed government spending are doomed to failure because demand remains unchanged. The theory argues that consumers will save any money they receive in order to pay for the future tax increases they expect to be levied in order to pay off the debt.

What Is Ricardian Equivalence?
What Is Ricardian Equivalence?
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What Is Ricardian Equivalence?
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May 15, 2018
Ricardian Equivalence
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Ricardian Equivalence
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Nov 16, 2015
Ricardian Equivalence in a nutshell
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Ricardian Equivalence in a nutshell
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Oct 8, 2021

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