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| Kazuki Hiraga |
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| ''A Note on the Weak Condition of “Globally” Ricardian'' |
| ( 2013, Vol. 33 No.1 ) |
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| This paper shows that there is the weak “Globally” Ricardian rules that sustains the sustainability of the government debt in the sense that it binds intertemporal government budget constraint. And we compare our result with the former paper about testing the government debt sustainability. As a result, we declare that all of these papers are sufficient condition of our condition. |
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| Keywords: Globally Ricardian, Sustainability of the Government Debt, Regime Switch |
JEL: H6 - National Budget, Deficit, and Debt: General
E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General |
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| Manuscript Received : Sep 13 2012 | | Manuscript Accepted : Feb 15 2013 |
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