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QuantEcon / lecture-source-jl

Source files for "Lectures in Quantitative Economics" -- Julia version
https://julia.quantecon.org
BSD 3-Clause "New" or "Revised" License
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Typo in Arellano #882

Open mk1564 opened 3 years ago

mk1564 commented 3 years ago

Hi,

I think I found a little typo in Arellano model, although the result wouldn't change much.

To calculate value when default, defval = u(ae, ydef) + β * (θ * EVc[zero_ind, iy] + (1-θ) * EVd[1, iy]), I think EVc should be EV to make it consistent with the theory in the text and the code in Python.

jlperla commented 3 years ago

Thanks so much! Amazing we are in the process of converting things over to another build system and I should be able to fix some of this stuff soon

mk1564 commented 3 years ago

Thank you. Looking forward to the new system!