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Government indebtedness and european consumers behaviour
Afonso, António - ISEG - School of Economics and Management, Department … - 2001
According to conventional macroeconomics, public debt has a significant effect on the economy since consumers see public debt as net wealth, however, according to the Ricardian Equivalence hypothesis, that effect would be absent. This paper’s results, obtained from Euler equation estimations,...
Persistent link: https://www.econbiz.de/10005593028
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Government Debt and Private Consumption: Theory and Evidence
Becker, Torbjörn - Economics Institute for Research (SIR), … - 1995
The Ricardian equivalence theorem has been widely debated since (at least) the seventies. The theorem states that househoolds should not change their consumption path in response to changed timing of taxes, given the path of government consumption. In the paper, theoretical models giving rise to...
Persistent link: https://www.econbiz.de/10005423808
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Fiscal policy and private consumption behaviour: The Spanish case
García, Agustín; Ramajo, Julián - In: Empirical Economics 30 (2005) 1, pp. 115-135
In this article we analyse whether the Ricardian equivalence hypothesis is a valid approximation for Spain’s economic reality or whether there exist deviations from that situation which would be more in line with the conventional Keynesian perspective of the effects of debt on private...
Persistent link: https://www.econbiz.de/10005382223
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Real Effects of Budget Deficits? - Theory and Evidence
Becker, Torbjörn; Paalzow, Anders - Economics Institute for Research (SIR), … - 1997
This paper investigates the real effects of debt or tax financing of a given level of government consumption. The paper starts with a survey of the theoretical literature, ranging from Ricardian to Keynesian models. The conclusion from the survey is that the real effects of budget deficits are...
Persistent link: https://www.econbiz.de/10005649400
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Profil de pauvreté et filets de sécurité des riziculteurs dans les zones d’introduction des NERICA au Togo : cas de la région des plateaux
Komi, Tsogonnin - African Association of Agricultural Economists - AAAE; … - 2010
to evaluate the state of poverty of rice growers in order to appreciate their capacities of risk management in which they … are exposed. Data used are from 14 villages on a sample of 183 household’s rice growers in the area of the plates in Togo … the household, the acreage out of rice and the level of education of the head of household have an influence on the …
Persistent link: https://www.econbiz.de/10009201432
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PROFIL DE PAUVRETE ET FILETS DE SECURITE DES RIZICULTEURS DANS LES ZONES D’INTRODUCTION DES NERICA AU TOGO: cas des régions du nord-Togo
Gnatoulouma, Takpa; Koffi-Tessio, Egnonto M.; Diagne, Aliou - African Association of Agricultural Economists - AAAE; … - 2010
La présente étude a pour objectif une évaluation de l’état de pauvreté des riziculteurs du nord-Togo dans les zones d’introduction des NERICA en vue d’apprécier leurs capacités de résistance aux risques naturels et économiques. Pour parvenir à cette fin, des données primaires...
Persistent link: https://www.econbiz.de/10009201469
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Patterns of Migration, Water Scarcity and Caste in Rural Northern Gujarat
Fishman, Ram; Jain, Meha; Kishore, Avinash - eSocialSciences - 2013
resources in Northern Gujarat, India is discussed. Given that migration typically does not occur due to one singular risk, the …
Persistent link: https://www.econbiz.de/10010945234
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Moral Hazard and Government Policy.
Wong, K.Y.; Bruce, N. - Department of Economics, University of Washington - 1992
Persistent link: https://www.econbiz.de/10005775316
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Job Insecurity: A Collective Approach
Mariotti, F - Department of Economics and Related Studies, University … - 2010
household members make consumption and labour supply decisions. This work sheds light on how unemployment risk may affect the … spouses in a household context. As the replacement ratio is rarely above 50%, becoming unemployed has serious consequences on … an individual’s consumption, savings and wealth. The risk of losing the job is shown to be a pertinent consideration when …
Persistent link: https://www.econbiz.de/10008456784
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Cognition in Seemingly Riskless Choices and Judgments.
Levy-Garboua, L.; Montmarquette, C. - Théorie et Applications en Microéconomie et … - 1995
possibilities are given in a stochastic sense and based on revisable expectations. The theory predicts experimental preference …
Persistent link: https://www.econbiz.de/10005474936