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4:15 pm

A Martingale Approach to the Question of Fiscal Stimulus (Michael Imerman, CGU)

December 3, 2018 @ 4:15 pm - 5:15 pm
Emmy Noether Room, Millikan 1021, Pomona College, 610 N. College Ave.
Claremont, California 91711
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Joint work with Larry Shepp & Philip Ernst In this paper we develop a mathematical model to address an ongoing politico-economic debate between Democrats and Republicans. Democrats in the US say that government spending can be used to “grease the wheels’ of the economy, create wealth, and increase employment; the Republicans say that government spending […]

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