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Rust (1987) replication

These Jupyter notebooks replicate the main results from Rust (1987) using raw data sourced from here. For convenience, the data is located in the folder nxfp.

There are two notebooks:

  • rust.ipynb solves the model using Numba to speed up computation
  • rust-jax.ipynb solves the model using JAX to speed up computation (this is faster but less intuitive)

These materials are uploaded to help future IO students!

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Replication of main results in Rust (1987)

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