Ricardian equivalence and the media narrative of fiscal policy: a time series study of the Swedish economy
This study tests whether the Ricardian Equivalence Hypothesis holds in Sweden when the private sector faces an intertemporal budget constraint skewed by the media narrative. Time series analysis of cointegrated vector autoregressive processes is utilized to identify Ricardian consumer behavior in three different models, in order to find differences in consumer behavior when media narrative bias is
