Testing the Barro-Ricardo Theorem of Consumption Function in Iran
According to Barro–Ricardo theorem, government budget deficit has not an effect on the consumption. Inspired by the theory of life cycle and permanent income, they believe that, since the government finances the budget deficits through issuing bonds, in future government will offset it by increasing...
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| Format: | Article |
| Language: | fas |
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Tarbiat Modares University
2011-08-01
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| Series: | پژوهشهای اقتصادی |
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| Online Access: | http://ecor.modares.ac.ir/article-18-4216-en.pdf |