TESTING OF THE RICARDIAN EQUIVALENCE PROPOSITION An Empirical Examination for Malaysia (1962-2006)

• Main Author: Perpustakaan UGM, i-lib
• Format: Article NonPeerReviewed
• Published: [Yogyakarta] : Universitas Gadjah Mada 2008
• Subjects: Jurnal i-lib UGM
• Online Access: https://repository.ugm.ac.id/28383/; http://i-lib.ugm.ac.id/jurnal/download.php?dataId=11446
• Institution: Universitas Gadjah Mada

This paper investigates the effects of debts and budgetary deficit on real variables using structural Vector Error Correction Model (VECM) method with long-run restrictions. We compare our estimates of the impulse responses with those based on levels Vector Auto-Regressive (VAR) with standard recurs...