IS RICARDIAN EQUIVALENCE A GOOD APPROXIMATION

被引：22
|
作者：
EVANS, P
机构：
来源：
ECONOMIC INQUIRY | 1991年 / 29卷 / 04期
关键词：
D O I：
10.1111/j.1465-7295.1991.tb00851.x
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Ricardian equivalence may be a good approximation even if all households have finite horizons, many households have short horizons, and an appreciable fraction of wage income is received by liquidity‐constrained households. The approximation is likely to be better, the more imperfect annuity markets are. Copyright © 1991, Wiley Blackwell. All rights reserved
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页码：626 / 644
页数：19
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