PSLmodels / OG-Core

An overlapping generations model framework for evaluating fiscal policies.
https://pslmodels.github.io/OG-Core/
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Notation change and corresponding code refactor: b bonds to a assets #948

Open rickecon opened 4 months ago

rickecon commented 4 months ago

We propose changing the notation in the documentation, docstrings, and code the representation of wealth and savings from $b$ to $a$. The current notation uses the character $b$ indicative of "bonds". Examples include $b{j,s,t}$ and $b{j,s+1,t+1}$ in the household budget constraint. We propose changing the notation in the documentation and code to $a$ for "assets". Examples of the notation would be $a{j,s,t}$ for wealth at the beginning of the period and $a{j,s+1,t+1}$ for the savings decision.

cc: @jdebacker