Merge branch 'main' into i325

Author: mmcky

.github/workflows/cache.yml

@@ -18,6 +18,22 @@ jobs:
           python-version: "3.11"
           environment-file: environment.yml
           activate-environment: quantecon
+      - name: graphviz Support # TODO: required?
+        run: |
+          sudo apt-get -qq update && sudo apt-get install -y graphviz
+      - name: Install latex dependencies
+        run: |
+          sudo apt-get -qq update
+          sudo apt-get install -y     \
+            texlive-latex-recommended \
+            texlive-latex-extra       \
+            texlive-fonts-recommended \
+            texlive-fonts-extra       \
+            texlive-xetex             \
+            latexmk                   \
+            xindy                     \
+            dvipng                    \
+            cm-super
       - name: Build HTML
         shell: bash -l {0}
         run: |

.github/workflows/ci.yml

@@ -5,9 +5,9 @@ jobs:
     runs-on: ubuntu-latest
     steps:
       - name: Checkout
-        uses: actions/checkout@v2
+        uses: actions/checkout@v4
       - name: Setup Anaconda
-        uses: conda-incubator/setup-miniconda@v2
+        uses: conda-incubator/setup-miniconda@v3
         with:
           auto-update-conda: true
           auto-activate-base: true
@@ -51,6 +51,12 @@ jobs:
           jb build lectures --builder pdflatex --path-output ./ -n --keep-going
           mkdir -p _build/html/_pdf
           cp -u _build/latex/*.pdf _build/html/_pdf
+      - name: Upload Execution Reports (LaTeX)
+        uses: actions/upload-artifact@v4
+        if: failure()
+        with:
+          name: execution-reports
+          path: _build/latex/reports
       - name: Build Download Notebooks (sphinx-tojupyter)
         shell: bash -l {0}
         run: |
@@ -66,13 +72,13 @@ jobs:
           rm -r _build/.doctrees
           jb build lectures --path-output ./ -nW --keep-going
       - name: Upload Execution Reports (HTML)
-        uses: actions/upload-artifact@v2
+        uses: actions/upload-artifact@v4
         if: failure()
         with:
           name: execution-reports
           path: _build/html/reports
       - name: Preview Deploy to Netlify
-        uses: nwtgck/actions-netlify@v1.1
+        uses: nwtgck/actions-netlify@v2
         with:
           publish-dir: '_build/html/'
           production-branch: main

README.md

@@ -1,42 +1,16 @@
-# lecture-python-intro
+# A First Course in Quantitative Economics with Python
 
-An undergraduate lecture series for the foundations of computational economics
+An Undergraduate Lecture Series for the Foundations of Computational Economics
 
-## Content ideas 
+## Jupyter notebooks
 
-Content ideas in no particular order.
+Jupyter notebook versions of each lecture are available for download
+via the website.
 
-Open individual issues and PRs for the ones we decide to add.
+## Contributions
 
-  1. Geometric Series (existing lecture)
-  2. Leontief Systems (from Networks Book)
-  3. Luenberger
-  4. IO Visualizations (from Networks Book)
-  5. PyPGM (Eileen Nielson ... Youtube Star)
-  6. Baby Version of https://python.quantecon.org/re_with_feedback.html (Cagan Model)
-  7. Baby Version of "unpleasant arithmetic and Friedmans optimal quantity of money"
-  8. Schelling Segregation Model
-  9. Solow Model
-  10. Simulations of Wealth Distribution
-  11. Baby model of Lake Model (Eigenvalue Extension)
-  12. Diamond Dybvig Model
-  13. Moral Harzard - Wallace
-  14. Philips Curve and Nairu
-  15. Baby version of the Markov Chain Lecture
-  16. Baby linear programming lecture
-  17. Basic Nonlinear Demand and Supply (non-linear solver) OOP lecture
-  18. Asset Pricing (Harrison/Kreps Model)
-  19. Two Models of Asset Bubbles
-  20. cobweb model -- start people thinking about expectations
-  21. social mobility lecture
-  22. Baby version of cattle cycles model
-  23. Bi-matrix games.
-  24. Shortest path lecture (existing)
-  25. Pricing an American option 
-  26. Baby version of LLN / CLT lecture --- less maths, more simulation, all in one dimension
-  27. Baby version of heavy tails lecture
-  30. Lecture on solving linear equations and matrix algebra
-  31. Lecture on eigenvalues, Perron-Frobenius and the Neumann series lemma
-  32. Overlapping generations
+To comment on the lectures please add to or open an issue in the issue tracker (see above).
 
-Get Tom's network intermediary paper.
+We welcome pull requests!  
+
+Please read the [QuantEcon style guide](https://manual.quantecon.org/intro.html) first, so that you can match our style.

environment.yml

@@ -4,7 +4,7 @@ channels:
   - conda-forge
 dependencies:
   - python=3.11
-  - anaconda=2023.09
+  - anaconda=2024.02
   - pip
   - pip:
     - jupyter-book==0.15.1

lectures/_config.yml

@@ -35,13 +35,19 @@ latex:
     targetname: quantecon-python-intro.tex
 
 sphinx:
-  extra_extensions: [sphinx_multitoc_numbering, sphinxext.rediraffe, sphinx_exercise, sphinx_togglebutton, sphinx_proof, sphinx_tojupyter] 
+  extra_extensions: [sphinx_multitoc_numbering, sphinxext.rediraffe, sphinx_exercise, sphinx_togglebutton, sphinx.ext.intersphinx, sphinx_proof, sphinx_tojupyter] 
   config:
+    bibtex_reference_style: author_year
     # false-positive links
-    linkcheck_ignore: ['https://doi.org/https://doi.org/10.2307/1235116']
+    linkcheck_ignore: ['https://doi.org/https://doi.org/10.2307/1235116', 'https://math.stackexchange.com/*', 'https://stackoverflow.com/*']
     # myst-nb config
     nb_render_image_options:
       width: 80%
+    nb_code_prompt_show: "Show {type}"
+    suppress_warnings: [mystnb.unknown_mime_type, myst.domains]
+    # -------------
+    html_js_files:
+      - https://cdnjs.cloudflare.com/ajax/libs/require.js/2.3.4/require.min.js
     html_favicon: _static/lectures-favicon.ico
     html_theme: quantecon_book_theme
     html_static_path: ['_static']
@@ -62,12 +68,37 @@ sphinx:
       description: This website presents introductory lectures on computational economics, designed and written by Thomas J. Sargent and John Stachurski.
       keywords: Python, QuantEcon, Quantitative Economics, Economics, Sloan, Alfred P. Sloan Foundation, Tom J. Sargent, John Stachurski
       analytics:
-        google_analytics_id: G-1P39P53YM9
+        google_analytics_id: G-QDS1YRJNGM
       launch_buttons:
         notebook_interface        : classic  # The interface interactive links will activate ["classic", "jupyterlab"]
         binderhub_url             : https://mybinder.org  # The URL of the BinderHub (e.g., https://mybinder.org)
         colab_url                 : https://colab.research.google.com
         thebe                     : false  # Add a thebe button to pages (requires the repository to run on Binder)
+    intersphinx_mapping:
+      pyprog:
+        - https://python-programming.quantecon.org/
+        - null
+      intro: 
+        - https://intro.quantecon.org/
+        - null
+      dle:
+        - https://quantecon.github.io/lecture-dle/
+        - null
+      dps:
+        - https://quantecon.github.io/lecture-dps/
+        - null
+      eqm:
+        - https://quantecon.github.io/lecture-eqm/
+        - null
+      stats:
+        - https://quantecon.github.io/lecture-stats/
+        - null
+      tools:
+        - https://quantecon.github.io/lecture-tools-techniques/
+        - null
+      dynam:
+        - https://quantecon.github.io/lecture-dynamics/
+        - null
     mathjax3_config:
       tex:
         macros:

lectures/_static/lecture_specific/inequality/usa-gini-nwealth-tincome-lincome.csv

@@ -0,0 +1,21 @@
+year,n_wealth,t_income,l_income
+1950,0.8257332034366338,0.44248654139458626,0.5342948198773412
+1953,0.8059487586599329,0.4264544060935945,0.5158978980963702
+1956,0.8121790488050616,0.44426942873399283,0.5349293526208142
+1959,0.795206874163792,0.43749348077061573,0.5213985948309416
+1962,0.8086945076579359,0.4435843103853645,0.5345127915054341
+1965,0.7904149225687935,0.43763715466663444,0.7487860020887753
+1968,0.7982885066993497,0.4208620794438902,0.5242396427381545
+1971,0.7911574835420259,0.4233344246090255,0.5576454812313466
+1977,0.7571418922185215,0.46187678800902543,0.5704448110072049
+1983,0.7494335400643013,0.439345618464469,0.5662220844385915
+1989,0.7715705301674302,0.5115249581654197,0.601399568747142
+1992,0.7508126614055308,0.4740650672076798,0.5983592657979563
+1995,0.7569492388110265,0.48965523558400603,0.5969779516716903
+1998,0.7603291991801185,0.49117441585168614,0.5774462841723305
+2001,0.7816118750507056,0.5239092994681135,0.6042739644967272
+2004,0.7700355469522361,0.4884350383903255,0.5981432201792727
+2007,0.7821413776486978,0.5197156312086187,0.626345219575322
+2010,0.8250825295193438,0.5195972120145615,0.6453653328291903
+2013,0.8227698931835303,0.531400174984336,0.6498682917772644
+2016,0.8342975903562234,0.5541400068900825,0.6706846793375284

lectures/_static/lecture_specific/long_run_growth/tooze_ch1_graph.png

@@ -3,6 +3,31 @@
 Note: Extended Information (like abstracts, doi, url's etc.) can be found in quant-econ-extendedinfo.bib file in _static/
 ###
 
+@book{Burns_2023,
+  title={Milton Friedman: The Last Conservative by Jennifer Burns},
+  author={Burns, Jennifer},
+  year={2023},
+  publisher={Farrar, Straus, and Giroux},
+  address = {New York}
+}
+
+@article{kuznets1939incomes,
+  title={Incomes from independent professional practice, 1929-1936},
+  author={Kuznets, Simon and Friedman, Milton},
+  journal={National Bureau of Economic Research Bulletin},
+  number = {72-23},
+  year={1939},
+  publisher={National Bureau of Economic Research}
+}
+
+@book{friedman1954incomes,
+  title={Income from Independent Professional Practice},
+  author={Friedman, Milton and Kuznets, Simon},
+  year={1945},
+  publisher={National Bureau of Economic Research},
+  address = {New York}
+}
+
 @book{smith2010wealth,
   title     = {The Wealth of Nations: An inquiry into the nature and causes of the Wealth of Nations},
   author    = {Smith, Adam},
@@ -2757,3 +2782,88 @@ @article{imampolitical
   year    = {2023},
   journal = {IMF Working Paper}
 }
+
+@article{diamond1965national,
+  title     = {National debt in a neoclassical growth model},
+  author    = {Diamond, Peter A},
+  journal   = {The American Economic Review},
+  volume    = {55},
+  number    = {5},
+  pages     = {1126--1150},
+  year      = {1965},
+  publisher = {JSTOR}
+}
+
+@book{auerbach1987dynamic,
+  title   = {Dynamic fiscal policy},
+  author  = {Auerbach, Alan J and Kotlikoff, Laurence J},
+  publisher = {Cambridge University Press},
+  address = {Cambridge},
+  year    = {1987}
+}
+
+@article{sargent_velde1995,
+  title={Macroeconomic Features of the French Revolution},
+  author={Sargent, Thomas J  and Velde, Francois R},
+  journal={Journal of Political Economy},
+  volume={103},
+  number={3},
+  pages={474--518},
+  year={1995}
+}
+
+@article{sargent1981,
+  title={Some unpleasant monetarist arithmetic},
+  author={Sargent, Thomas J and Wallace, Neil},
+  journal={Federal reserve bank of minneapolis quarterly review},
+  volume={5},
+  number={3},
+  pages={1--17},
+  year={1981}
+}
+
+
+
+
+@article{sargent2009conquest,
+  title={The conquest of South American inflation},
+  author={Sargent, Thomas and Williams, Noah and Zha, Tao},
+  journal={Journal of Political Economy},
+  volume={117},
+  number={2},
+  pages={211--256},
+  year={2009},
+  publisher={The University of Chicago Press}
+}
+
+@article{marcet2003recurrent,
+  title={Recurrent hyperinflations and learning},
+  author={Marcet, Albert and Nicolini, Juan P},
+  journal={American Economic Review},
+  volume={93},
+  number={5},
+  pages={1476--1498},
+  year={2003},
+  publisher={American Economic Association}
+}
+
+
+@article{bruno1990seigniorage,
+  title={Seigniorage, operating rules, and the high inflation trap},
+  author={Bruno, Michael and Fischer, Stanley},
+  journal={The Quarterly Journal of Economics},
+  volume={105},
+  number={2},
+  pages={353--374},
+  year={1990},
+  publisher={MIT Press}
+}
+
+@incollection{sargent1989least,
+  title={Least squares learning and the dynamics of hyperinflation},
+  author={Marcet, Albert and Sargent, Thomas J},
+  editor = {William Barnett, John Geweke, and Karl Shell},
+  booktitle={Sunspots, Complexity, and Chaos},
+  year={1989},
+  publisher={Cambridge University Press}
+}

lectures/_static/quant-econ.bib

@@ -10,23 +10,27 @@ parts:
   chapters:
   - file: long_run_growth
   - file: business_cycle
+  - file: inflation_history
   - file: inequality
-- caption: Essential Tools
+- caption: Foundations
   numbered: true
   chapters:
-  - file: linear_equations
-  - file: eigen_I
   - file: intro_supply_demand
-- caption: Linear Dynamics
+  - file: linear_equations
+  - file: complex_and_trig
+  - file: geom_series
+- caption: "Linear Dynamics: Finite Horizons"
   numbered: true
   chapters:
   - file: pv
   - file: cons_smooth
   - file: equalizing_difference
-  - file: inflation_history
   - file: cagan_ree
   - file: cagan_adaptive
-  - file: geom_series
+- caption: "Linear Dynamics: Infinite Horizons"
+  numbered: true
+  chapters:
+  - file: eigen_I
 - caption: Probability and Distributions
   numbered: true
   chapters:
@@ -43,9 +47,19 @@ parts:
   - file: cobweb
   - file: olg
   - file: commod_price
+- caption: Monetary-Fiscal Policy Interactions
+  numbered: true
+  chapters:
+  - file: money_inflation
+  - file: unpleasant
+  - file: money_inflation_nonlinear
+  - file: laffer_adaptive
+  #- file: french_rev
+  #- file: ak2
 - caption: Stochastic Dynamics
   numbered: true
   chapters:
+  - file: ar1_processes
   - file: markov_chains_I
   - file: markov_chains_II
   - file: time_series_with_matrices