Abstract
The debate on Ricardian Equivalence has been discussed by many researchers. In particular the debate about the government debt/tax is among the popular topics. This study is an effort to evaluate the findings of previous studies about Ricardian Equivalence. This study will look at the debates that look into the impact of taxes on consumption. This impact is very important because the impact of taxation will also affect the level of savings and bequest in the economy. The impact, then, will used to test the following hypotheses: tax might reduce the per capita saving and income. The hypotheses will use sample of several countries. The results will tell us about what happens if the debt/tax becomes permanent.
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Jaafar, A.B., Ismail, A.G. (2019). Ricardian Equivalence Theorem: What Other Studies Say?. In: Mohamad Noor, M., Ahmad, B., Ismail, M., Hashim, H., Abdullah Baharum, M. (eds) Proceedings of the Regional Conference on Science, Technology and Social Sciences (RCSTSS 2016) . Springer, Singapore. https://doi.org/10.1007/978-981-13-0203-9_2
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DOI: https://doi.org/10.1007/978-981-13-0203-9_2
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