What Is Ricardian Equivalence?

Title:: What Is Ricardian Equivalence?
Description:: Ricardian equivalence, named after 19th century British economist David Ricardo, is a scenario in which consumers respond to changes in fiscal policy in ways that make fiscal policy less effective.

---------------------------------------------------------------

Subscribe for new videos every Tuesday! http://bit.ly/1Rib5V8

Dictionary of Economics Course: http://bit.ly/2IhYTL5

Additional practice questions: http://bit.ly/2KZDELI

Ask a question about the video: http://bit.ly/2wK5ngs

Help translate this video: http://bit.ly/2Gi3gjm

more » « less
Video Language:: English
Team:: Marginal Revolution University
Project:: Dictionary of Economics
Duration:: 01:43

	John Silva edited Portuguese, Brazilian subtitles for What Is Ricardian Equivalence?
	Michel Smits edited Dutch subtitles for What Is Ricardian Equivalence?
	Michel Smits edited Dutch subtitles for What Is Ricardian Equivalence?
	Michel Smits edited French subtitles for What Is Ricardian Equivalence?
	Michel Smits edited French subtitles for What Is Ricardian Equivalence?
	Michel Smits edited French subtitles for What Is Ricardian Equivalence?
	Taufiq A edited Indonesian subtitles for What Is Ricardian Equivalence?
	Noh kyua edited Korean subtitles for What Is Ricardian Equivalence?