Improvement: GenIncShockModel.ipynb should compare IndShockConsumerType solution in levels

[llorracc]

The GenIncShockModel notebook solves (among other things) for a model in which the "serial correlation" of the persistent shock is 1.0, then shows some results.

It would be great to illustrate the point that that model's solution is (or should be) identical to the solution to the IndShockConsumerType model with the same parameters. That would both provide a test of the two solution methods and help make very clear how to interpret the solution to the IndShockConsumerType model.

[mnwhite]

I'm pretty sure we already do that in one of the notebooks for that model. I'll look for it.

…

On Fri, Oct 18, 2024, 8:16 AM Christopher Llorracc Carroll < ***@***.***> wrote: The GenIncShockModel notebook solves (among other things) for a model in which the "serial correlation" of the persistent shock is 1.0, then shows some results. It would be great to illustrate the point that that model's solution is (or *should be*) identical to the solution to the IndShockConsumerType model with the same parameters. That would both provide a test of the two solution methods and help make very clear how to interpret the solution to the IndShockConsumerType model. — Reply to this email directly, view it on GitHub <#1504>, or unsubscribe <https://github.com/notifications/unsubscribe-auth/ADKRAFIORM34QNSXJTRE6ELZ4D33VAVCNFSM6AAAAABQF2NMIGVHI2DSMVQWIX3LMV43ASLTON2WKOZSGU4TOMZXGI4TCNY> . You are receiving this because you are subscribed to this thread.Message ID: ***@***.***>