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[cagan_adaptive] Editorial Suggestions #392

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@HumphreyYang

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@HumphreyYang

Code

  • change the name create_cagan_model to create_cagan_adaptive_model
  • Set the default values in create_cagan_adaptive_model instead of global parameters.
  • Add code comment to the code.
  • change inv to solve.
  • remove extra print when checking the stability of dynamics. in the section of 14.6. Technical condition for stability and add a new section that focuses on experiments.

Content

  • 'monetarist theory of price levels ' -> 'a monetarist theory of price levels '.
  • There is an extra quotation mark at the end of the second sentence.
  • $exp(\frac{m^d_t}{p_t})$ -> $exp(m^d_t - p_t)$.
  • Explain the variables such as sensitivity and expected rate of inflation and give admissible range of the parameters.
  • endogenous input -> exogenous input
  • give names to matrices and equations so that they can be referred in the code comment.
  • Add comments in this function and give titles to subplots.
  • Change subtitle "Forcast error" -> "Forcast error and model computation"
  • Change the time notations for equations in the section "Experiment 1"
  • Add an exercise that asks readers to explain the phenomenon in experiment 1.

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