We extend "economic equivalence" results, like the Ricardian equivalence proposition, to the political sphere where … environments with distorting taxes, economic equivalence relations between policies with different levels of debt do not extend to …

We extend economic equivalence results, like the Ricardian equivalence proposition, to the political sphere where … environments with distorting taxes, economic equivalence relations between policies with different levels of debt do not extend to …

We extend "economic equivalence" results, like the Ricardian equivalence proposition, to the political sphere where … environments with distorting taxes, economic equivalence relations between policies with different levels of debt do not extend to …

We extend “economic equivalence” results, like the Ricardian equivalence proposition, to the political sphere where … environments with distorting taxes, economic equivalence relations between policies with different levels of debt do not extend to …

We extend "economic equivalence" results, like the Ricardian equivalence proposition, to the political sphere where … rise to the same equilibrium allocation. The equivalence conditions help to identify factors that render institutional …