Shamsi, Neelma; Waqas, Muhammad; Zahid, Sarwar - In: Romanian journal of fiscal policy : RJFP 7 (2016) 1, pp. 13-23
We checked the validity of Ricardian Equivalence Hypothesis in Pakistan by using structural consumption and saving … Budget Deficit & Private Saving. Hence, we concluded that fiscal policy is effective in case of Pakistan because Ricardian … Equivalence does not hold in Pakistan that indicated the policy makers to use fiscal policy as a stabilizing policy of the economy. …