English Dictionary

Ricardian equivalence

名詞

不可算名詞

(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.

日本語の意味

リカード均衡説。消費者は将来を見据え、政府の財政制約を内在化して消費行動を行うため、政府支出のパターンが一定であれば、その財源調達方法（例えば、増税や国債発行など）は消費者の支出決定に影響を与えず、結果として総需要に変化をもたらさないという経済学の概念。

Many macroeconomists debate whether Ricardian equivalence holds in practice, because it requires households to be perfectly forward-looking and to fully internalize the government's budget constraint when making consumption decisions.

多くのマクロ経済学者は、消費者が将来を見越して消費の決定に政府の予算制約を織り込むという仮説（リカード等価性）が実際に成り立つかどうかを議論している。なぜならそれは、家計が将来の税負担を完全に織り込むことを前提としているからだ。

意味（1）

(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.