李嘉图等价定理在我国的适用性分析

李嘉图等价定理是一种中性原理，其核心思想是政府债务与税收是等价的，即政府无论采用哪种方式筹资，其对经济总量没有任何的影响。通过分析国债对储蓄和消费的影响，论证了李嘉图等价定理在我国不成立。

Appropriateness of Ricardian Equivalence Theorem in China

Ricardian Equivalence Theorem is a kind of neutral theorem, its main idea is that the government debts are equivalent to the taxes, i.e. , no matter what approaches are used by government for raising funds, it does not affect gross products (such as gross consumption, gross savings and so on) . This article explains that Ricardian Equivalence Theorem does not work in China by analyzing the relationship between government bonds, savings and consumption.