TODO:

• Fix mhat in figure
• Update to HARK 15

Theoretical Foundations of Buffer Stock Theory - REMARK

The BufferStockTheory directory contains code to reproduce the figures of the paper Theoretical Foundations of Buffer Stock Saving by Christopher Carroll, and the LaTeX source to produce the paper once the figures have been created.

Code

Figures can be produced either:

Live in your browser using MyBinder:

Locally

In a local interactive jupyter notebook

1. Install the jupyter notebook tool per Installation.md
2. Download this repository using git clone https://github.com/econ-ark/BufferStockTheory or a zip folder using this link.
3. Type jupyter lab at the command line
   • Click on BufferStockTheory-Dashboard.ipynb; or
   • Navigate to Code/Python/BufferStockTheory.ipynb

Reproduce the figures and compile the paper locally using nbreproduce

1. Install nbreproduce
2. Download this repository using git clone https://github.com/econ-ark/BufferStockTheory or a zip folder using this link.
3. Execute nbreproduce from the command line.

Paper

The paper can be generated by compiling the LaTeX file BufferStockTheory.tex using a standard distribution of LaTeX like TeXLive or Overleaf.