Using survey data to test for Ricardian equivalence

M.A. Allers*, J. de Haan, C.A. de Kam

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

7 Citations (Scopus)

Abstract

Drawing on nationwide and representative survey data for the Netherlands, thisarticle tests, first, to what degree economic subjects are aware of the level of bothgovernment debt and deficits, and, second, examines whether fiscal policy relatesto individual saving decisions. The results presented suggest that one of the centralassumptions of the Ricardian equivalence hypothesis must be refuted: most individuals have little knowledge of the government's indebtedness. Furthermore, theirsaving behavior appears not to be influenced by the fiscal policy stance. The authorsshow that individual responses vary with age, education, income, and employmentstatus, but not with having offspring.
Original languageEnglish
Pages (from-to)565-582
Number of pages18
JournalPublic Finance Review
Volume26
Issue number6
DOIs
Publication statusPublished - 1998

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