Solving SDEs

Stochastic Differential Equations (SDEs) solved.

Fiscal Multiplier

The Economist explains the Keynesian fiscal multiplier.

Ito's Lemma

The key is to do the second order Taylor expansion.

Diffusions and Diffusion Models

Good news: Now you can enjoy the online course "Asset Pricing" by Professor John H. Cochrane at University of Chicago (at no charge)! Very instructive and understandable!

Start now!!