Ricardian equivalence for local government bonds: Budget constraint approach

N Akai - Economics Letters, 1994 - Elsevier
It is shown that if consumers own land, the free rider problem does not occur because a
change in local government financing is completely reflected in the price of land. This means …
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[引用][C] Ricardian equivalence for local government bonds

N Akai - Economics Letters, 1994 - cir.nii.ac.jp
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[引用][C] Ricardian equivalence for local government bonds: Budget constraint approach

N Akai - Economics Letters, 1994 - ideas.repec.org
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[引用][C] Ricardian equivalence for local government bonds: Budget constraint approach

N Akai - Economics Letters, 1994 - econpapers.repec.org
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