Ghassan, Hassan B. - Volkswirtschaftliche Fakultät, … - 2003
The purpose of this paper is to test the Ricardian Equivalence hypothesis REH by estimating a SVAR model. In this … framework, we separate the co-movements of saving rate and budget deficit rate into two types of shocks, associated with … suggest that the REH applies to Moroccan economy, since private saving compensates a big fraction i.e. 90 percent of the shock …