Unexpected Consequences of Ricardian Expectations - Erratum

Schlicht, Ekkehart (14. October 2013): Unexpected Consequences of Ricardian Expectations - Erratum. Discussion Papers in Economics 2013-15

Abstract

This note identifies a severe mistake in my article “Unexpected Consequences of Ricardian Expectations” that appeard in this journal in the July 2013 issue.

• Item Type: Paper
• Form of publication: Submitted Version
• Keywords: Barro-Ricardo equivalence, Ricardian equivalence, fiscal policy, debt, taxation, rational expectations, Ricardian expectations, Barro expectations, tax neutrality
• Faculties: Economics; Economics > Munich Discussion Papers in Economics; Economics > Munich Discussion Papers in Economics > Public Finance; Economics > Chairs > Chair of Institutional Economics (closed)
• Subjects: 300 Social sciences > 330 Economics
• JEL Classification: E2, E12, E6, H6
• Language: English

References

Anonymous: Referee Report on "Unexpected Consequences of Ricardian Expectations" by Ekkehart Schlicht. 2012. URL http://www.economics-ejournal.org/economics/discussionpapers/2012-13/comment.2012-04-13.1011252334/at_download/file.

Bolza, Oskar: Lectures on the Calculus of Variations. Chelsea, 1960. URL http://archive.org/download/lecturesonthecal029607mbp/lecturesonthecal029607mbp.pdf.

Schlicht, Ekkehart: “Unexpected Consequences of Ricardian Expectations”, Metroeconomica, pp. 498—512, 2013. URL http://dx.doi.org/10.1111/meca.12017.