def test_ConsIndShockSolverBasic(self):
LifecycleExample = IndShockConsumerType(**init_lifecycle)
LifecycleExample.cycles = 1
LifecycleExample.solve()
# test the solution_terminal
self.assertAlmostEqual(LifecycleExample.solution[10].cFunc(2).tolist(),
2)
self.assertAlmostEqual(LifecycleExample.solution[9].cFunc(1),
0.97769632)
self.assertAlmostEqual(LifecycleExample.solution[8].cFunc(1),
0.96624445)
self.assertAlmostEqual(LifecycleExample.solution[7].cFunc(1),
0.95691449)
self.assertAlmostEqual(LifecycleExample.solution[0].cFunc(1).tolist(),
0.87362789)
self.assertAlmostEqual(LifecycleExample.solution[1].cFunc(1).tolist(),
0.9081621)
self.assertAlmostEqual(LifecycleExample.solution[2].cFunc(1).tolist(),
0.9563899)
solver = ConsIndShockSolverBasic(
LifecycleExample.solution[1],
LifecycleExample.IncomeDstn[0],
LifecycleExample.LivPrb[0],
LifecycleExample.DiscFac,
LifecycleExample.CRRA,
LifecycleExample.Rfree,
LifecycleExample.PermGroFac[0],
LifecycleExample.BoroCnstArt,
LifecycleExample.aXtraGrid,
LifecycleExample.vFuncBool,
LifecycleExample.CubicBool,
)
solver.prepareToSolve()
self.assertAlmostEqual(solver.DiscFacEff, 0.9503999999999999)
self.assertAlmostEqual(solver.PermShkMinNext, 0.850430160026919)
self.assertAlmostEqual(solver.cFuncNowCnst(4).tolist(), 4.0)
self.assertAlmostEqual(solver.prepareToCalcEndOfPrdvP()[0],
-0.2491750859108316)
self.assertAlmostEqual(solver.prepareToCalcEndOfPrdvP()[-1],
19.74982491408914)
EndOfPrdvP = solver.calcEndOfPrdvP()
self.assertAlmostEqual(EndOfPrdvP[0], 6622.251864311334)
self.assertAlmostEqual(EndOfPrdvP[-1], 0.026301061207747087)
solution = solver.makeBasicSolution(EndOfPrdvP, solver.aNrmNow,
solver.makeLinearcFunc)
solver.addMPCandHumanWealth(solution)
self.assertAlmostEqual(solution.cFunc(4).tolist(), 1.7391265696400773)
# Let's have a look at the solution in time period second period. We should then be able to
# %%
from HARK.utilities import plot_funcs
plot_funcs([LifecycleExample.solution[0].cFunc],
LifecycleExample.solution[0].mNrmMin, 10)
# %% [markdown]
# Let us then create a solver for the first period.
# %%
from HARK.ConsumptionSaving.ConsIndShockModel import ConsIndShockSolverBasic
solver = ConsIndShockSolverBasic(
LifecycleExample.solution[1], LifecycleExample.IncShkDstn[0],
LifecycleExample.LivPrb[0], LifecycleExample.DiscFac,
LifecycleExample.CRRA, LifecycleExample.Rfree,
LifecycleExample.PermGroFac[0], LifecycleExample.BoroCnstArt,
LifecycleExample.aXtraGrid, LifecycleExample.vFuncBool,
LifecycleExample.CubicBool)
# %%
solver.prepare_to_solve()
# %% [markdown]
# Many important values are now calculated and stored in solver, such as the effective discount factor, the smallest permanent income shock, and more.
# %%
solver.DiscFacEff
# %%
solver.PermShkMinNext
# %%
from HARK.utilities import plotFuncs
plotFuncs([LifecycleExample.solution[0].cFunc],LifecycleExample.solution[0].mNrmMin,10)
# %% [markdown]
# Let us then create a solver for the first period.
# %%
from HARK.ConsumptionSaving.ConsIndShockModel import ConsIndShockSolverBasic
solver = ConsIndShockSolverBasic(LifecycleExample.solution[1],
LifecycleExample.IncomeDstn[0],
LifecycleExample.LivPrb[0],
LifecycleExample.DiscFac,
LifecycleExample.CRRA,
LifecycleExample.Rfree,
LifecycleExample.PermGroFac[0],
LifecycleExample.BoroCnstArt,
LifecycleExample.aXtraGrid,
LifecycleExample.vFuncBool,
LifecycleExample.CubicBool)
# %%
solver.prepareToSolve()
# %% [markdown]
# Many important values are now calculated and stored in solver, such as the effective discount factor, the smallest permanent income shock, and more.
# %%
solver.DiscFacEff
def test_ConsIndShockSolverBasic(self):
LifecycleExample = IndShockConsumerType(**init_lifecycle)
LifecycleExample.cycles = 1
LifecycleExample.solve()
# test the solution_terminal
self.assertAlmostEqual(LifecycleExample.solution[-1].cFunc(2).tolist(),
2)
self.assertAlmostEqual(LifecycleExample.solution[9].cFunc(1),
0.79429538)
self.assertAlmostEqual(LifecycleExample.solution[8].cFunc(1),
0.79391692)
self.assertAlmostEqual(LifecycleExample.solution[7].cFunc(1),
0.79253095)
self.assertAlmostEqual(LifecycleExample.solution[0].cFunc(1).tolist(),
0.7506184692092213)
self.assertAlmostEqual(LifecycleExample.solution[1].cFunc(1).tolist(),
0.7586358637239385)
self.assertAlmostEqual(LifecycleExample.solution[2].cFunc(1).tolist(),
0.7681247572911291)
solver = ConsIndShockSolverBasic(
LifecycleExample.solution[1],
LifecycleExample.IncShkDstn[0],
LifecycleExample.LivPrb[0],
LifecycleExample.DiscFac,
LifecycleExample.CRRA,
LifecycleExample.Rfree,
LifecycleExample.PermGroFac[0],
LifecycleExample.BoroCnstArt,
LifecycleExample.aXtraGrid,
LifecycleExample.vFuncBool,
LifecycleExample.CubicBool,
)
solver.prepare_to_solve()
self.assertAlmostEqual(solver.DiscFacEff, 0.9586233599999999)
self.assertAlmostEqual(solver.PermShkMinNext, 0.6554858756904397)
self.assertAlmostEqual(solver.cFuncNowCnst(4).tolist(), 4.0)
self.assertAlmostEqual(solver.prepare_to_calc_EndOfPrdvP()[0],
-0.19792871012285213)
self.assertAlmostEqual(solver.prepare_to_calc_EndOfPrdvP()[-1],
19.801071289877118)
EndOfPrdvP = solver.calc_EndOfPrdvP()
self.assertAlmostEqual(EndOfPrdvP[0], 6657.839372100613)
self.assertAlmostEqual(EndOfPrdvP[-1], 0.2606075215645896)
solution = solver.make_basic_solution(EndOfPrdvP, solver.aNrmNow,
solver.make_linear_cFunc)
solver.add_MPC_and_human_wealth(solution)
self.assertAlmostEqual(solution.cFunc(4).tolist(), 1.0028005137373956)
