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Quantitative Methods

Title slide   slide 

(org-show-animate '("Quantitative Methods, Part-II" "Vikas Rawal" "Prachi Bansal" "" "" ""))

Day 2

Paul Krugman on Fiscal Austerity   slide

/Courseware/quantitative-methods/src/commit/62f13c439047b8298600cd142cf413bb45f5bac2/krugman1.png Source: https://www.nytimes.com/2018/11/02/opinion/the-perversion-of-fiscal-policy-slightly-wonkish.html

Paul Krugman on Fiscal Austerity   slide

"Here’s what fiscal policy should do: it should support demand when the economy is weak, and it should pull that support back when the economy is strong. As John Maynard Keynes said, “The boom, not the slump, is the right time for austerity.” And up until 2010 the U.S. more or less followed that prescription. Since then, however, fiscal policy has become perverse: first austerity despite high unemployment, now expansion despite low unemployment.

Unemployment and Fiscal Austerity   slide

/Courseware/quantitative-methods/src/commit/62f13c439047b8298600cd142cf413bb45f5bac2/krugman2.png

Sampling Distributions   slide

/Courseware/quantitative-methods/src/commit/62f13c439047b8298600cd142cf413bb45f5bac2/bsample2.png