Denicolò, Vincenzo ; Matteuzzi, Massimo
(1989)
Public Debt and the Pasinetti Paradox.
Bologna:
Dipartimento di Scienze economiche DSE,
p. 8.
DOI 10.6092/unibo/amsacta/5330.
In: Quaderni - Working Paper DSE
(80).
ISSN 2282-6483.
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Abstract
The main purpose of this paper is to show that the Cambridge Theorem holds independently of Ricardian Equivalence, if the net rate of profits is properly defined.
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