Using survey data to test for Ricardian equivalence

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

*Bijbehorende auteur voor dit werk

OnderzoeksoutputAcademicpeer review

7 Citaten (Scopus)

Samenvatting

Drawing on nationwide and representative survey data for the Netherlands, this article tests,first, to what degree economic subjects are aware of the level of both government debt and deficits, and, second, examines whether fiscal policy relates to individual saving decisions. The results presented suggest that one of the central assumptions of the Ricardian equivalence hypothesis must be refuted: most individuals have little knowledge of the government's indebtedness. Furthermore, their saving behavior appears not to be influenced by the fiscal policy stance. The authors show that individual responses vary with age, education, income, and employment status, but not with having offspring.
Originele taal-2English
Pagina's (van-tot)565-582
Aantal pagina's18
TijdschriftPublic Finance Review
Volume26
Nummer van het tijdschrift6
DOI's
StatusPublished - 1998

Keywords

  • GOVERNMENT BUDGET DEFICITS
  • COMPLIANCE COST
  • INTEREST-RATES
  • UNITED-STATES

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