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Erratum to: The Impact of the Crisis and Unconventional Monetary Policy on European Inflation Dynamics

This erratum corrects the original online version which can be found here: https://doi.org/10.1515/roe-2018-0016
  • Benjamin Schäfer ORCID logo EMAIL logo
Published/Copyright: December 1, 2018

Erratum to: Benjamin Schäfer. August 2018. The Impact of the Crisis and Unconventional Monetary Policy on European Inflation Dynamics. Review of Economics. Volume 69, Issue 2, pages 87–110. (https://doi.org/10.1515/roe-2018-0016):

The formula in Appendix B (on page 108), was mistakenly printed without symbols of the partial derivatives.

For the reader’s convenience, the corrected formula appears below.

YtNt=(1α)AtKtαNtα(expandbyNt/Nt=1)=(1α)YtNt1

The formula in Appendix B (on page 109), was also mistakenly printed without symbols of the partial derivatives.

For the reader’s convenience, the corrected formula appears below.

MCt=Wt/PtYt/Nt=Wt/Pt(1α)YtNt1=11αWt/PtYt/Nt

Rearranging:

=11αWtNtYtPt,
Published Online: 2018-12-01
Published in Print: 2018-12-19

© 2018 Oldenbourg Wissenschaftsverlag GmbH, Published by De Gruyter Oldenbourg, Berlin/Boston

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