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Sargent In Addition To Interest-Rate Options

By now, you've in all likelihood seen Tom Sargent's bully Ally Bank TV spot.


But, were I to needle Tom simply a bit, I mightiness ask, "Tom, the Ally Bank CD allows yous the choice of raising your CD charge per unit of measurement ane time over its two-year life. Can yous explicate when to optimally do that option?''  Or (second beer), "Tom, to what portfolio optimization enquiry is the answer, combine a two-year CD amongst an American choice to heighten the charge per unit of measurement once?  You must accept around bully robust-control upshot hither virtually parameter dubiousness inward dynamic interest-rate models."

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