Evans, George W., 1949-; Honkapohja, Seppo, 1951-; Mitra, Kaushik, 1969-
(University of Oregon, Dept of Economics, 2010-08-04)
This paper considers the Ricardian Equivalence proposition when
expectations are not rational and are instead formed using adaptive
learning rules. We show that Ricardian Equivalence continues to hold
provided suitable ...