Ricardian equivalence in English

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{
  "etymology_text": "Proposed by economist David Ricardo in the early 19th century.",
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      "glosses": [
        "The idea that consumers are forward-looking and so internalize the government's budget constraint when making their consumption decisions, so that, for a given pattern of government spending, the method of financing such spending does not affect agents' consumption decisions, and thus does not change aggregate demand."
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        "(economics) The idea that consumers are forward-looking and so internalize the government's budget constraint when making their consumption decisions, so that, for a given pattern of government spending, the method of financing such spending does not affect agents' consumption decisions, and thus does not change aggregate demand."
      ],
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      "topics": [
        "economics",
        "sciences"
      ],
      "wikipedia": [
        "David Ricardo"
      ]
    }
  ],
  "word": "Ricardian equivalence"
}

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{
  "etymology_text": "Proposed by economist David Ricardo in the early 19th century.",
  "head_templates": [
    {
      "args": {
        "1": "-"
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      "expansion": "Ricardian equivalence (uncountable)",
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  "pos": "noun",
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        "The idea that consumers are forward-looking and so internalize the government's budget constraint when making their consumption decisions, so that, for a given pattern of government spending, the method of financing such spending does not affect agents' consumption decisions, and thus does not change aggregate demand."
      ],
      "links": [
        [
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          "economics"
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          "consumer",
          "consumer"
        ],
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        ],
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        "(economics) The idea that consumers are forward-looking and so internalize the government's budget constraint when making their consumption decisions, so that, for a given pattern of government spending, the method of financing such spending does not affect agents' consumption decisions, and thus does not change aggregate demand."
      ],
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        "economics",
        "sciences"
      ],
      "wikipedia": [
        "David Ricardo"
      ]
    }
  ],
  "word": "Ricardian equivalence"
}

This page is a part of the kaikki.org machine-readable English dictionary. This dictionary is based on structured data extracted on 2024-11-06 from the enwiktionary dump dated 2024-10-02 using wiktextract (fbeafe8 and 7f03c9b). The data shown on this site has been post-processed and various details (e.g., extra categories) removed, some information disambiguated, and additional data merged from other sources. See the raw data download page for the unprocessed wiktextract data.

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"Ricardian equivalence" meaning in English

Noun