Corrigendum to "Endogenous market incompleteness without market frictions: Dynamic suboptimality of competitive equilibrium in multiperiod overlapping generations economies"

<div>This note corrects an error in the original Henrisksen-Spear paper (published in <i>J. Econ. Theory</i>, Volume 147, Issue 2, March 2012, Pages 426-449) in the proof that the competitive equilibrium in a three-period lived stochastic overlapping generations model is not dynamically Pareto optimal.<br></div>