krusellsmith's Introduction

KrusellSmith

This is a Replication of Krusell and Smith, 1998.

To reproduces all the results of the paper, you can

Use nbreproduce (requires Docker to be installed on the machine).

# Clone this repository
$ git clone https://github.com/econ-ark/KrusellSmith

# Change working directory to KrusellSmith
$ cd KrusellSmith

# Install nbreproduce
$ pip install nbreproduce

# Reproduce all results using nbreproduce
$ nbreproduce

Install a local conda environment and execute the Jupyter notebook.

$ conda env create -f environment.yml
$ conda activate krusellsmith
# execute the script to create figures
$ cd Code/Python
$ ipython KrusellSmith.py

References

Krusell, P., & Smith, Jr, A. A. (1998). Income and wealth heterogeneity in the macroeconomy. Journal of political Economy, 106(5), 867-896.

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krusellsmith's Issues

Can't run KS binder through econ ark website

Attempted to run KS binder through Econ ark website and it failed indicating could not build NumPy.

installation error

hi there

found this. any ideas? thanks

➜  KrusellSmith git:(master) ✗ ./reproduce.sh 
Requirement already satisfied: matplotlib==3.3.3 in /Users/74097/.pyenv/versions/3.6.1/lib/python3.6/site-packages (from -r requirements.txt (line 1)) (3.3.3)
Collecting econ-ark==0.10.7
  Downloading econ-ark-0.10.7.tar.gz (224 kB)
     |████████████████████████████████| 224 kB 18.9 MB/s 
  WARNING: Generating metadata for package econ-ark produced metadata for project name unknown. Fix your #egg=econ-ark fragments.
ERROR: Requested unknown from https://files.pythonhosted.org/packages/73/35/3fc0d840b4f7ffdc380005c3849c07ed8c4025f9762c490c69f9e25848ef/econ-ark-0.10.7.tar.gz#sha256=2e528c003e0ae2c70661ed2f0d1288b4b87414e6ecae387b7e5ecbc9048746bb (from -r requirements.txt (line 3)) has different name in metadata: 'UNKNOWN'
WARNING: You are using pip version 20.3; however, version 21.0.1 is available.
You should consider upgrading via the '/Users/74097/.pyenv/versions/3.6.1/bin/python3 -m pip install --upgrade pip' command.
Using matplotlib backend: MacOSX
---------------------------------------------------------------------------
ModuleNotFoundError                       Traceback (most recent call last)
~/git/KrusellSmith/Code/Python/KrusellSmith.py in <module>
    178 
    179 from copy import deepcopy
--> 180 from HARK.utilities import plotFuncs, plotFuncsDer, make_figs
    181 from HARK.distribution import DiscreteDistribution
    182 

ModuleNotFoundError: No module named 'HARK'
➜  KrusellSmith git:(master) ✗ python
➜  KrusellSmith git:(master) ✗ ls
Code             KrusellSmith.bib reproduce.sh
Figures          README.md        requirements.txt
➜  KrusellSmith git:(master) ✗ cat requirements.txt 
matplotlib==3.3.3
numpy==1.18
econ-ark==0.10.7
➜  KrusellSmith git:(master) ✗ python --version
Python 3.6.1