Moreira, Tito Belchior Silva and Souza, Geraldo da Silva e and Soares, Fernando Antônio Ribeiro (2011) Are Government Bonds Net Wealth? Some Empirical Evidence. Modern Economy, 02 (03). pp. 412-415. ISSN 2152-7245
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Official URL: https://doi.org/10.4236/me.2011.23045
Abstract
This paper aims to investigate the impact of government debt on economic growth for a balanced panel of G7 countries over the period 1990-2008. We found empirical evidence that Ricardian Equivalence does not holds in general. The analysis indicates that only Germany shows a negative association between public debt and economic growth. The US and France show Ricardian equivalence and UK, Japan, Italy and Canada show a positive association.
| Item Type: | Article |
|---|---|
| Subjects: | Apsci Archives > Multidisciplinary |
| Depositing User: | Unnamed user with email support@apsciarchives.com |
| Date Deposited: | 04 Jul 2023 04:09 |
| Last Modified: | 01 Nov 2023 05:28 |
| URI: | http://eprints.go2submission.com/id/eprint/1451 |
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