Questions tagged [errata]

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4 votes
1 answer

Effect of change in discount rate on consumption -- (Samuelson, 1958)

I was reading this paper by Paul Samuelson. I am puzzled by a bit on page 470, left column. Here he claims that $\frac{\partial C_3}{\partial R_{t+1}}>0$. Let me give a short description of what ...
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0 answers

Possible mistakes in Stigler, 1970 -- what am I missing?

Find the complete paper here: I am reading Director's Law of Public Income Redistribution by George Stigler, published in the Journal of Law and Economics (...