LETTER TO THE EDITORS: SOLVING VINCENT CARRET’S PUZZLE: A REBUTTAL OF CARRET’S FALLACIES AND ERRORS

Jean-Marc Ginoux and Franck Jovanovic
Additional contact information
Jean-Marc Ginoux: CPT - E7 Systèmes dynamiques : théories et applications - CPT - Centre de Physique Théorique - UMR 7332 - AMU - Aix Marseille Université - UTLN - Université de Toulon - CNRS - Centre National de la Recherche Scientifique
Franck Jovanovic: LEO - Laboratoire d'Économie d'Orleans [2022-...] - UO - Université d'Orléans - UT - Université de Tours - UCA - Université Clermont Auvergne

Post-Print from HAL

Abstract: In his article published in JHET in 2022, Vincent Carret (2022a) criticizes our work. In footnote 19, pages 630–631, he claims that our result "is based on a mistaken interpretation of the paragraph at the bottom of p. 191 of Frisch (1933)." He then states that we "take to mean that the coefficient of each cycle in the general sum of solutions is arbitrary, while … these coefficients [depended] on initial conditions and the parameters of the system." The present rejoinder aims at rebutting Carret's allegation of mistaken interpretation in our work. We demonstrate that his statements are based on a misunderstanding of Frisch's econometric model and approach. Then, we show that Carret's results are not supported by the demonstration he claims to have made, and that he misrepresents our arguments.

Date: 2023-05-17
References: Add references at CitEc
Citations:

Published in Journal of the History of Economic Thought, 2023, 45 (3), pp.503-510. ⟨10.1017/S1053837223000068⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04355488

DOI: 10.1017/S1053837223000068

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().