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A Case Where Barro Expectations Are Not Rational

By Ekkehart Schlicht

Abstract

Abstract The paper generalizes Feldstein’s criticism (Perceived Wealth in Bonds an

Topics: JEL E2, E12, E6, H6 Keywords Barro-Ricardo equivalence, Ricardian equivalence, fiscal policy, debt, taxation, rational expectations
Year: 2012
OAI identifier: oai:CiteSeerX.psu:10.1.1.353.2714
Provided by: CiteSeerX
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