The household fallacy

We refer to the idea that government must ‘tighten its belt’ as a necessary policy response to higher indebtedness as the household fallacy. We provide a reason to be skeptical of this claim that holds even if the economy always operates at full employment and all markets clear. Our argument rests o...

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Bibliographic details
Volume: 169
Main Author: Farmer, Roger E.A
Zabczyk, Pawel
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: LAUSANNE Elsevier B.V 01.08.2018
ELSEVIER SCIENCE SA
Elsevier
published in: Economics letters Vol. 169; pp. 83 - 86
Data of publication: August 2018
ISSN: 0165-1765
1873-7374
EISSN: 1873-7374
Discipline: Economics
Subjects:
E0
H62
Online Access: available in Bonn?
Database: Web of Knowledge
Social Sciences Citation Index
Web of Science
Web of Science - Social Sciences Citation Index – 2018
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Academic OneFile (A&I only)
OpenAIRE (Open Access)
OpenAIRE
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