[pv] Improvement Suggestions

[HumphreyYang]

Content

• [ ] Give a more detailed link between the pv and the topics listed in the overview. Email Tom for references for each topic (@jstac);
• [ ] Integrate "In asset pricing theory, and in economic dynamics more generally, a basic topic is the relationship among different time series." into the the list above;
• [ ] Give a concrete example for the setup in the analysis part (i.e., a real-world example for each parameter)
• [ ] Add a link for "difference equation"
• [ ] Explain that we are calculating the bubble component before we start our calculation (giving more context before calculations.
• [x] Do a spell check and fix ``

[jstac]

We might also

• [ ] explain that the asset in question is a claim on the dividend stream
• [ ] give some idea of what discounting is, and some evidence that people typically discount future values in the real world (e.g., positive interest rates).
• [ ] explain a bit more clearly that (10.1) is a "cost vs expected benefits" type relation -- the cost of buying the asset equals the benefit gained from holding it for a period and then selling it.