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150128 ||| eng |
020 |
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|a 9781451853582
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100 |
1 |
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|a Bhattacharya, Rina
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245 |
0 |
0 |
|a Private Sector Consumption Behavior and Non-Keynesian Effects of Fiscal Policy
|c Rina Bhattacharya
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 1999
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300 |
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|a 28 pages
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651 |
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4 |
|a United States
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653 |
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|a Wealth
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653 |
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|a Economics
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653 |
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|a Public debt
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653 |
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|a Income
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653 |
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|a Private consumption
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653 |
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|a Public finance & taxation
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653 |
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|a Saving
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653 |
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|a Government consumption
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653 |
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|a Debt Management
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653 |
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|a Fiscal Policy
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653 |
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|a Debts, Public
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653 |
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|a Debt
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653 |
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|a Aggregate Factor Income Distribution
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653 |
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|a National accounts
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653 |
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|a National Government Expenditures and Related Policies: General
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653 |
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|a Sovereign Debt
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653 |
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|a Expenditure
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653 |
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|a National Budget, Deficit, and Debt: Other
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653 |
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|a Consumption
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653 |
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|a Expenditures, Public
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653 |
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|a Macroeconomics
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653 |
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|a Macroeconomics: Consumption
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653 |
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|a Public Finance
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041 |
0 |
7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
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|a IMF Working Papers
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028 |
5 |
0 |
|a 10.5089/9781451853582.001
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856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/1999/112/001.1999.issue-112-en.xml?cid=3253-com-dsp-marc
|x Verlag
|3 Volltext
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082 |
0 |
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|a 330
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520 |
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|a This paper explores the hypothesis that the propensity to consume out of income is not constant but varies, perhaps in a nonlinear fashion, with fiscal variables. It examines whether there is any empirical evidence to support the hypothesis that households move from non-Ricardian to Ricardian behavior as government debt reaches high levels and as uncertainty about future taxes increases. The paper also examines the possibility of a relationship (along the lines of the Bertola-Drazen model) between the propensity to consume out of income and the government consumption-to-GDP ratio
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