diff --git a/.nojekyll b/.nojekyll index 8147fd4..1662b96 100644 --- a/.nojekyll +++ b/.nojekyll @@ -1 +1 @@ -116a4988 \ No newline at end of file +f086b2af \ No newline at end of file diff --git a/central-banks-hark-and-ssj.html b/central-banks-hark-and-ssj.html index eb83b68..24166ed 100644 --- a/central-banks-hark-and-ssj.html +++ b/central-banks-hark-and-ssj.html @@ -412,26 +412,15 @@

Rich Set of Tools for SS Micro …

  • Consumption/Saving
  • Portfolio Choice
  • Liquid and Illiquid Assets
  • -
  • Discrete-Continuous Problems -
  • -
  • Labor Supply -
  • +
  • Discrete-Continuous Problems: DC-EGM tool
  • +
  • Labor Supply: Keane and Imai
  • Medical Expense Risk
  • -
  • Life Cycle Modeling -
  • +
  • Life Cycle Modeling: solutions and datasets
  • Sophisticated Liquidity Constraints
  • -
  • etc etc
  • @@ -460,9 +449,7 @@

    …Easy to Connect to SSJ toolkit

    But Wait, There’s More: Indirect Inference

    -
    -
    -

    Life Cycle Model (Gourinchas-Parker; Cagetti)

    +

    Life Cycle Model (Gourinchas-Parker; Cagetti)

    @@ -502,13 +486,13 @@

    But Wait, There’s More: REMARKS

    Where Are We Going? ‘DYNARK’:

    @@ -460,9 +449,7 @@

    …Easy to Connect to SSJ toolkit

    But Wait, There’s More: Indirect Inference

    -
    -
    -

    Life Cycle Model (Gourinchas-Parker; Cagetti)

    +

    Life Cycle Model (Gourinchas-Parker; Cagetti)

    @@ -502,13 +486,13 @@

    But Wait, There’s More: REMARKS

    Where Are We Going? ‘DYNARK’:

      -
    • Model specification tools for any Bellman Problem ([mockup])(link me to latest pseudocode)
    • +
    • Model specification tools for any Bellman Problem (mockup)
    • Three layers:
      1. Abstract mathematical description
        • The symbolic version that appears in the text
        • -
        • Describes the ‘Platonic Ideal’ of the model
        • +
        • Describes the “Platonic Ideal” of the model
        • What you would solve with \(\infty\) computing power
      2. Numerical/approximation details @@ -545,10 +529,7 @@

        Tower of Babel problem

      3. Lack of transparency
        • What exactly is your model?
        • -
        • Lots of buried assumptions -
            -
          • Gridpoints, boundaries, distributions
          • -
        • +
        • Lots of buried assumptions: gridpoints, boundaries, dstns
      4. Lack of replicability