{"title":"政府债券是净财富吗?没有","authors":"Hak Choi","doi":"10.2139/ssrn.2235600","DOIUrl":null,"url":null,"abstract":"This paper disproves Ricardian equivalence, and shows that governments bonds are bad investment. The situation in Europe verifies the accusation made by this paper.","PeriodicalId":365224,"journal":{"name":"LSN: Investment (Topic)","volume":"49 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2013-03-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"33","resultStr":"{\"title\":\"Are Government Bonds Net Wealth? No\",\"authors\":\"Hak Choi\",\"doi\":\"10.2139/ssrn.2235600\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This paper disproves Ricardian equivalence, and shows that governments bonds are bad investment. The situation in Europe verifies the accusation made by this paper.\",\"PeriodicalId\":365224,\"journal\":{\"name\":\"LSN: Investment (Topic)\",\"volume\":\"49 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2013-03-19\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"33\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"LSN: Investment (Topic)\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.2235600\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"LSN: Investment (Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.2235600","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
This paper disproves Ricardian equivalence, and shows that governments bonds are bad investment. The situation in Europe verifies the accusation made by this paper.
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