Fiscal Risk and Government Debt Lecture Added

24 Jul 2018

A new Python lecture studying government debt over time has been added to our dynamic programming squared section. The lecture builds on previous optimal taxation lectures (here and here) and extends them to an economy with three Markov states. In the long-run, this economy exhibits behaviour close to that described in the two-state case. The new lecture can be found here.

Published by: Natasha Watkins