Author: akira matsui
I’m very impressed by QuantEcon.
We used that as a material for our lecture(seminar) every week.
I’m now writing this post to discuss a part of the website that I can not understand well.
It is about a lake model section.
###1st: At “Endogenous job finding rate”
I doubt that an equation (2) needs p_s inside the summation.
Without p_s, it might not be computed.
###2nd: At “Implementation”
#possible levels of unemployment insurance cvec = np.linspace(1.,75,25)
ok to depict the same graph in the note?
When I use ‘lakemodel_example.py’,
However, this is a little bit different from the graph in the note.
And by changing cvec like
cvec = np.linspace(1.,150,25)
I can obtain
The result(optimal compensation) is not so very affected by this change.
I would be very happy if you answer my question.