Cambridge Theorem, Ricardian Equivalence and Government Activity / Cambridge Theorem, ricardianische Äquivalenz und staatliches Handeln

Summary The aim of this paper is threefold. First, it develops a generalized savings function which explicitly takes into account the government’s budget constraint properly specified. Second, it reexamines the “Cambridge Theorem” when the savings functions are properly specified. And, finally, it proposes a way to explicitly model the RET and shows how it would affect the steady-state rate of profit and what this would be.

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Year of publication:	1996
Authors:	Gupta, Kanhaya L.
Published in:	Jahrbücher für Nationalökonomie und Statistik. - Lucius & Lucius, ISSN 2366-049X, ZDB-ID 2416178-0. - Vol. 215.1996, 3, p. 344-351
Publisher:	Lucius & Lucius

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Type of publication:	Article
Type of publication (narrower categories):	research-article
Language:	German
Other identifiers:	10.1515/jbnst-1996-0307 [DOI]
Source:	Other ZBW resources

Persistent link: https://www.econbiz.de/10014608477