Short run and long run Ricardian equivalence: an evidence from Malaysia
This paper aims to test the validity of Ricardian equivalence in Malaysian economy with respect to the behavior of government debt and government spending on private consumption. To conduct the test, we choose Giorgioni and Holden (2003) model based on Bernheim (1987) model modifications. Auto-Regre...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Universiti Putra Malaysia Press
2013
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Online Access: | http://psasir.upm.edu.my/id/eprint/40706/1/05%20Page%2067-80.pdf |