Words similar to ricardian

Example sentences for: ricardian

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When federal budget deficits and debt mounted in the 1980s, private saving declined-the opposite of what the Ricardian equivalence hypothesis would suggest.
6 Thus, when the government runs deficits and accumulates debt, Ricardian consumers would save more to ensure that they or their descendants can pay the expected higher future taxes.
7For example, some households live paycheck-to-paycheck and might spend all of a tax cut, whereas other households might spend only a portion; a Ricardian household might save all of a tax cut in anticipation of future tax increases.
If all consumers were fully Ricardian, private saving would fully offset any change in government saving, and national saving would be unchanged.
surpluses and reduces debt held by the public (as in 1998 through 2000), Ricardian consumers would save less in anticipation of future tax cuts.