Adji, Artidiatun; Alm, James - In: Journal of contemporary economic and business issues 3 (2016) 1, pp. 5-31
There are competing “views” on the economic effects of debt finance. One view argues that tax and debt finance have identical effects on various economic measures, a view sometimes termed “Ricardian Equivalence”. However, this “Ricardian view” remains controversial, with other views...