Comments on: My Response to John Cochrane (Who Was Responding to Krugman) http://consultingbyrpm.com/blog/2009/09/my-response-to-john-cochrane-who-was.html The personal blog of economist RPM Wed, 08 Feb 2012 11:46:08 +0000 hourly 1 By: http://webdesign-boston.com/ http://consultingbyrpm.com/blog/2009/09/my-response-to-john-cochrane-who-was.html#comment-10049 http://webdesign-boston.com/ Mon, 10 Jan 2011 14:05:12 +0000 http://consultingrpm.fatcow.com/?p=1225#comment-10049 <strong>"Affordable Webdesign Doesn't Mean Compromise"...</strong> THE BEST SERVICE EVER AND MY SITE DIDN'T COST ME A FORTUNE.... “Affordable Webdesign Doesn’t Mean Compromise”…

THE BEST SERVICE EVER AND MY SITE DIDN’T COST ME A FORTUNE….

]]> By: Alex http://consultingbyrpm.com/blog/2009/09/my-response-to-john-cochrane-who-was.html#comment-1556 Alex Tue, 18 May 2010 16:24:52 +0000 http://consultingrpm.fatcow.com/?p=1225#comment-1556 This is kind of an old post but let me reply anyway. What if the government increases G and T in the same amount, i.e. tax financed government spending. Do you think that this will have a stimulating effect on the economy? If your answer is yes then Ricardian Equivalence or no Ricardian Equivalence is irrelevant for the debt financed government spending. But if your answer is no then Ricardian Equivalence is relevant. And if you think that it holds then debt financed government spending will not have an effect either. This is kind of an old post but let me reply anyway. What if the government increases G and T in the same amount, i.e. tax financed government spending. Do you think that this will have a stimulating effect on the economy? If your answer is yes then Ricardian Equivalence or no Ricardian Equivalence is irrelevant for the debt financed government spending. But if your answer is no then Ricardian Equivalence is relevant. And if you think that it holds then debt financed government spending will not have an effect either.

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