SYNC: update calvo.md from lecture-python-advanced.myst#11
Merged
Conversation
Brings in upstream commit 8c84d8da (PR #312, "Update Tom's edits to AMSS and Calvo Lectures"): Tom's edits to the Calvo time-consistency lecture. No intersphinx prefixes to preserve. Co-Authored-By: Claude Opus 4.7 (1M context) <noreply@anthropic.com>
There was a problem hiding this comment.
Pull request overview
This PR syncs lectures/calvo.md in lecture-dp to match its upstream source in lecture-python-advanced.myst, reflecting Tom’s edits to the Calvo time-consistency lecture.
Changes:
- Removes the in-document definition/discussion of square-summability (
$L^2$ ) near the money-demand difference equation. - Switches the stated regularity condition in the early derivation from “square summable” to “bounded” sequences (notably for
$\vec\mu$ and the intended behavior of$\vec\theta$ ).
💡 Add Copilot custom instructions for smarter, more guided reviews. Learn how to get started.
Comment on lines
+142
to
+145
| We assume that the sequence $\vec \mu = \{\mu_t\}_{t=0}^\infty$ is bounded. | ||
|
|
||
| We say that a sequence that belongs to $L^2$ is **square summable**. | ||
|
|
||
| When we assume that the sequence $\vec \mu = \{\mu_t\}_{t=0}^\infty$ is square summable and we require that the sequence $\vec \theta = \{\theta_t\}_{t=0}^\infty$ is square summable, | ||
| the linear difference equation {eq}`eq_old2` can be solved forward to get: | ||
| Consequently the linear difference equation {eq}`eq_old2` can be solved forward to get: |
Comment on lines
+200
to
201
|
|
||
|
|
Pulls in un_insure.md execution fix (#17) so CI passes.
This file contains hidden or bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Sign up for free
to join this conversation on GitHub.
Already have an account?
Sign in to comment
Add this suggestion to a batch that can be applied as a single commit.This suggestion is invalid because no changes were made to the code.Suggestions cannot be applied while the pull request is closed.Suggestions cannot be applied while viewing a subset of changes.Only one suggestion per line can be applied in a batch.Add this suggestion to a batch that can be applied as a single commit.Applying suggestions on deleted lines is not supported.You must change the existing code in this line in order to create a valid suggestion.Outdated suggestions cannot be applied.This suggestion has been applied or marked resolved.Suggestions cannot be applied from pending reviews.Suggestions cannot be applied on multi-line comments.Suggestions cannot be applied while the pull request is queued to merge.Suggestion cannot be applied right now. Please check back later.
Syncs
lectures/calvo.mdwith its primary sourcelecture-python-advanced.myst(see #7 for the source mapping).The lecture-dp copy was last at the initial-setup version (2026-01-14). Upstream commit
8c84d8da(PR QuantEcon/lecture-python-advanced.myst#312, "Update Tom's edits to AMSS and Calvo Lectures", 2026-02-23) reworked it: Tom's edits to the Calvo time-consistency lecture.After this sync the file is byte-identical to the source. No intersphinx prefixes needed preserving.
🤖 Generated with Claude Code