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Add new lecture: Aiyagari model with Endogenous Grid Method
This PR adds a new lecture aiyagari_egm.md that combines the Aiyagari model with the Endogenous Grid Method (EGM). Key Features: - Combines concepts from egm_policy_iter.md and aiyagari.md - Uses EGM to solve the household problem (avoiding costly root-finding) - Uses simulation to compute aggregate capital (instead of analytical stationary distribution) - EGM operator for the Aiyagari model - Corrected implementation, converges in ~90 iterations - Simulation-based aggregation - Simulates 10,000+ households via Monte Carlo - Equilibrium computation - Uses bisection to find equilibrium capital stock (K* ≈ 8) - Wealth distribution analysis - Histograms, Lorenz curves, and Gini coefficient - Educational content - Comparison with standard approach and four exercises 🤖 Generated with [Claude Code](https://claude.com/claude-code) Co-Authored-By: Claude <noreply@anthropic.com>
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lectures/_toc.yml

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- file: markov_perf
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- file: uncertainty_traps
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- file: aiyagari
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- file: aiyagari_egm
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- file: ak_aiyagari
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- caption: Asset Pricing and Finance
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numbered: true

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