From 339447bb87b67a63c9317fa460ce5a0af52b9fe9 Mon Sep 17 00:00:00 2001 From: dominicWC <135868541+DominicWC@users.noreply.github.com> Date: Tue, 6 Aug 2024 15:55:43 -0400 Subject: [PATCH] slight formatting changes --- HARK/ConsumptionSaving/ConsMedModel.py | 8 ++++---- 1 file changed, 4 insertions(+), 4 deletions(-) diff --git a/HARK/ConsumptionSaving/ConsMedModel.py b/HARK/ConsumptionSaving/ConsMedModel.py index fd26cb319..2a1fcbeb8 100644 --- a/HARK/ConsumptionSaving/ConsMedModel.py +++ b/HARK/ConsumptionSaving/ConsMedModel.py @@ -827,13 +827,13 @@ class MedShockConsumerType(PersistentShockConsumerType): \begin{eqnarray*} V_t(M_t,P_t, \text{medShk}_t) &=& \max_{C_t, med_t} U_t(C_t, med_t) + \beta (1-\mathsf{D}_{t+1}) \mathbb{E} [V_{t+1}(M_{t+1}, P_{t+1}, \text{medShk}_{t+1})], \\ A_t &=& M_t - X_t, \\ - X_t &=& C_t +\text{med}_t \text{ medPrice}_t,\\ + X_t &=& C_t +\text{med}_t \mathtt{ medPrice}_t,\\ A_t/P_t &\geq& \underline{a}, \\ M_{t+1} &=& R A_t + \theta_{t+1}, \\ P_{t+1} &=& G_{t+1}(P_t)\psi_{t+1}, \\ - (\psi_{t+1},\theta_{t+1},\text{medShk}_{t+1}) &\sim& F_{t+1}\\ - \mathbb{E} [F_{t+1}] &=& 1, \\ - U_t(C, med) &=& \frac{C^{1-\rho}}{1-\rho}+medShk_t \frac{med^{1-\rho_{med}}}{1-\rho_{med}}. + (\psi_{t+1},\theta_{t+1},\text{medShk}_{t+1}) &\sim& F_{t+1},\\ + \mathbb{E} [\psi] &=& \mathbb{E} [\theta] = 1, \\ + U_t(C, med) &=& \frac{C^{1-\rho}}{1-\rho}+\mathtt{MedShkAvg} \text{ medShk}_t \frac{med^{1-\rho_{med}}}{1-\rho_{med}}. \end{eqnarray*}