Consumption in Developing Countries: Tests for Liquidity Constraints and Finite Horizons
Consumption in Developing Countries: Tests for Liquidity Constraints and Finite Horizons
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Cambridge, Mass: Elsevier Science Publishers B. V. (North-Holland)
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Language
English
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Cambridge, Mass: Elsevier Science Publishers B. V. (North-Holland)
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Contents
Adjustment programs in developing countries emphasize the importance of reducing fiscal deficits in order to improve aggregate saving and investment performance. Recent theoretical analyses associated with the Ricardian equivalence proposition, however, suggest that changes in the level of public sector saving may be offset by a change in private s...
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Full title
Consumption in Developing Countries: Tests for Liquidity Constraints and Finite Horizons
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TN_cdi_proquest_journals_194658810
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_194658810
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ISSN
0034-6535
E-ISSN
1530-9142
DOI
10.2307/1926897