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- Title
BARRO-RICARDIÁNSKÁ EKVIVALENCE - TEORIE A PRAXE V PODMÍNKÁCH ČESKÉ REPUBLIKY.
- Authors
Musil, Petr
- Abstract
The goal of the paper is to analyze the relevance of the theory of Barro-Ricardian equivalence in the conditions of the Czech economy. The author fi rstly introduces the theory of Barro-Ricardian equivalence, and secondly, compares the theory with the development of the national savings, household savings and government savings during the specifi c period. The author supposes that there is a direct relationship between the public savings and the rate of compound tax quota. Due to the specifi c conditions that must be fulfi lled to pronounce that the B-R theory is valid, the author places the hypothesis, that the B-R equivalence in the Czech Republic was never being valid.
- Subjects
CZECH Republic; COMPARATIVE studies; SAVINGS; RICARDIAN equivalence theorem; ECONOMIC history; TAXATION
- Publication
Studies of Socio-Economics & Humanities / Socioekonomické a Humanitní Studie, 2012, Vol 2, Issue 1, p39
- ISSN
1804-6797
- Publication type
Article