The effectiveness of fiscal policy within business cycle – Ricardians vs. non-Ricardians approach
This study aims to measure the impact of the share of non-Ricardian households on fiscal multipliers. We show that the share of non-Ricardian households in Hungary increased significantly after crisis began and explain why the plausible reason for this increase is the higher level of liquidity const...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2019-07-01
|
| Series: | Baltic Journal of Economics |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.1080/1406099X.2019.1609228 |