Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
This paper derives three empirical implications of a well-specified model of consumer behavior, a model that nests both Ricardian equivalence and an alternative, non-Ricardian theory. Ricardian equivalence is then tested against this alternative. The tests reveal that Ricardian equivalence cannot be rejected. Copyright 1988 by University of Chicago Press.