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 computationrust-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!