Gogas, Periklis; Papadimitriou, Theophilos; … - Department of Economics, Democritus University of Thrace - 2013
balanced government budgets. The Ricardian Equivalence proposition appears as an attractive alternative for policy makers … for the potential validity of the Ricardian equivalence proposition. We use a wide dataset of fifteen OECD countries using … cointegration approach. Our empirical findings fail to provide empirical evidence in support of the Ricardian equivalence …