@vfitoolkit Big thanks to @aledinola who was key to this Bruggemann (2021) replication.
Proud to say the replication uses 1/3rd the lines of code and runs on 2/3rds the hardware in 1/3rd the time!
@lucasian76@Apoorva__Lal Merged. Plus you should now have 'write' access so can just directly edit the EconomicGrowth repo. Excited to see things getting going :)
LeanEconomics
https://t.co/U4Y1n6Wl6o
Current: prove existence of stationary general eqm for Aiyagari 1994, plus uniqueness for mu=1 (already known, now Lean formalized).
Please feel free to join the Github org and contribute to Econ in Lean.
Explain: https://t.co/VNw6X5wRdQ
@lucasian76@Apoorva__Lal@caseybmulligan@antoniomele101 LeanEconomics follows exactly the licensing of Mathlib (which is a library of results in Lean) so that it will be easy to contribute any result upstream back to Mathlib.
@rah90994524 Have a try, you'd be surprised how easy it is. You tell Claude (or equivalent) the overall objective ("prove X in Lean"), and provide smaller theorems and have it formalize them one by one, occasionally ask for where you are on project & what next. Claude+Lean does all the work.
The Big Mac Index want to be free
https://t.co/CuER6CEfQo
and live! The Economist locks theirs so you cannot use in teaching. 17 Big-Mac-Less countries: Iraq is included with the substitute "MaDonal BigMack", and Iran with "Mash Donalds Tehran Combo", North Korea is burger-less.
Publication using VFI Toolkit:
https://t.co/nqSrQw0IBt
OLG model with two endogenous states, assets and human capital. Toolkit commands solve the OLG and calibrate eqm to match life-cycle microdata. Then perform optimal tax exercise.
VFI Toolkit handles it all comfortably!
Life-Cycle Model 27 demos how to use the Guvenen, Karahan, Ozkan & Song (2021) earnings processes. My new article explains the discretization method, and the implications.
https://t.co/6R9NOtF8mf
Human Capital!
Life-Cycle Model 42: Female Labor Force Participation History
Life-Cycle Model 43: Uncertain Human Capital
https://t.co/U0o4fE9wl4
(two new life-cycle models in the Intro to Life-Cycle Models, both have assets + human capital)
GMM Estimation of Life-Cycle models
https://t.co/cwCcqvRUVL
Life-Cycle models 45-50 in the Intro to Life-Cycle models show how to do GMM estimation in VFI Toolkit with just 5-10 lines of code (after model and data work). I'm excited about this! :D
Your favourite conference is back!
WAMS+LAEF 2024
Perth, 27-29th November
https://t.co/M6h75YBpla
Keynotes:
Guido Ascari
Jose-Victor Rios-Rull
Richard Rogerson
Deadline: 30th August