01693cas a2200241 a 4500 AALejournalIMF009975 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451949872 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Ricardian Equivalence and National Saving in the United States. Washington, D.C. : International Monetary Fund, 1988. 1 online resource (36 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines the relative efficacy of cuts in government spending on goods and services and increases in taxation as tools for augmenting national saving--an issue related to Ricardian equivalence. The theoretical analysis shows little presumption in favor of spending cuts for this purpose and suggests that the issue is ultimately empirical. The empirical work for the United States suggests behavior close to zero Ricardian equivalence. Consequently, while there may be other reasons for favoring one approach or the other, cuts in government spending and increases in taxation appear broadly equivalent in terms of their impact on national saving. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1988/096 Full text available on IMF http://elibrary.imf.org/view/journals/001/1988/096/001.1988.issue-096-en.xml IMF e-Library