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lectures/kesten_processes.md

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Free GPUs are available on Google Colab. To use this option, please click on the play icon top right, select Colab, and set the runtime environment to include a GPU.
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Alternatively, if you have your own GPU, you can follow the [instructions](https://github.com/google/jax#pip-installation-gpu-cuda) for installing JAX with GPU support.
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Alternatively, if you have your own GPU, you can follow the [instructions](https://github.com/google/jax) for installing JAX with GPU support.
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```{index} single: Linear State Space Models

lectures/mle.md

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The benefit relative to linear regression is that it allows more flexibility in the probabilistic relationships between variables.
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Here we illustrate maximum likelihood by replicating Daniel Treisman's (2016) paper, [Russia's Billionaires](https://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.p20161068), which connects the number of billionaires in a country to its economic characteristics.
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Here we illustrate maximum likelihood by replicating Daniel Treisman's (2016) paper, [Russia's Billionaires](https://www.aeaweb.org/articles?id=10.1257/aer.p20161068), which connects the number of billionaires in a country to its economic characteristics.
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The paper concludes that Russia has a higher number of billionaires than
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economic factors such as market size and tax rate predict.

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