摘 要:本文将传统的李嘉图等价定理引入到公债管理政策的分析中,建立了公债管理政策的无效性假说,并在此基础上分析得出成立的前提条件,最后通过检验得出:无效性假说所隐含的大多数前提条件与现实并不相符,因而政策无效性的命题在实践中并不成立。
Abstract : Int roducing conventional Rivardian Equivalence Theorem into the analysis of debt management policy ,the paper founds an ineffectiveness hypothesis of pulic debt management policy ,and then on this basis ,it put s forward essential prerequisites with which policy ineffectiveness hy pothesis holds. Testifying the prerequisites one by one ,it finally arrves at a conclusion that the policy ineffectiveness hypothesis is untenable in real economic practice because most of the underlying prerequisites are unrealistic.
一、李嘉图等价定理与公债管理
二、公债管理政策无效性假说成立的假设条件
三、公债管理政策有效性的成立
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