Allocating Stimulus Checks in Times of Crisis

We study the problem of allocating bailouts (stimulus, subsidy allocations) to people participating in a financial network subject to income shocks. We build on the financial clearing framework of Eisenberg and Noe that allows the incorporation of a bailout policy that is based on discrete bailouts...

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Bibliographic Details
Published in:arXiv.org
Main Authors: Papachristou, Marios, Kleinberg, Jon
Format: Paper
Language:English
Published: Ithaca Cornell University Library, arXiv.org 29.04.2022
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ISSN:2331-8422
Online Access:Get full text
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