Macroeconomic model reference

Ricardian Equivalence Model

The proposition that a debt-financed tax cut has no effect on consumption because rational, forward-looking agents save the windfall to pay future tax liabilities.

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Ricardian Equivalence graph: parameters, shocks, and readouts

Use the Ricardian Equivalence graph to move parameters, inspect shocks, and read the model outputs that change.

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Ricardian Equivalence graph: parameters, shocks, and readouts

Macro Model Depth requires Starter

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