Merge pull request #207 from QuantEcon/equalizing_diff

Add Equalizing Difference Model

Author: jstac

lectures/_toc.yml

@@ -22,6 +22,7 @@ parts:
   chapters:
   - file: pv
   - file: cons_smooth
+  - file: equalizing_difference
   - file: cagan_ree
   - file: geom_series
 - caption: Probability and Distributions

sandpit/equalizing_difference.md renamed to lectures/equalizing_difference.md

@@ -11,9 +11,7 @@ kernelspec:
   name: python3
 ---
 
-+++ {"user_expressions": []}
-
-### Equalizing Difference Model
+# Equalizing Difference Model
 
 This notebook presents a model of the college-high-school wage gap in which the
 "time to build" a college graduate plays a key role.
@@ -31,8 +29,6 @@ import numpy as np
 import matplotlib.pyplot as plt
 ```
 
-+++ {"user_expressions": []}
-
 Let
 
  * $R > 0$ be the gross rate of return on a one-period bond
@@ -114,7 +110,7 @@ $$
 $$
 
 
-#### Tweaked Model: Workers and Entrepreneurs
+## Tweaked Model: Workers and Entrepreneurs
 
 
 We can add a parameter and reinterpret variables to get a model of entrepreuneurs versus workers.
@@ -165,7 +161,7 @@ class equalizing_diff:
         return ϕ
 ```
 
-+++ {"user_expressions": []}
+
 
 We can build some functions to help do comparative statics using vectorization instead of loops.
 
@@ -216,7 +212,7 @@ gap1 = ex1.compute_gap()
 print(gap1)
 ```
 
-+++ {"user_expressions": []}
+
 
 Let us plot $\phi$ against some parameters.