econpizza 0.1.1

Solve nonlinear perfect foresight models

Contains tools to simulate nonlinear perfect foresight models. The baseline mechanism is a Fair-Taylor-like stacking method similar to the nonlinear solver in dynare.

The package makes heavy use of automatic differentiation via jax!

Installation

It’s as simple as:

pip install econpizza

Documentation

There is some documentation out there.

Citation

econpizza is developed by Gregor Boehl to simulate nonlinear perfect foresight models. Please cite it with

@techreport{boehl2021rational,
title         = {Rational vs. Irrational Beliefs in a Complex World},
author        = {Boehl, Gregor and Hommes, Cars},
year          = 2021,
institution   = {IMFS Working Paper Series}
}

I appreciate citations for econpizza because it helps me to find out how people have been using the package and it motivates further work.

References

Boehl, Gregor and Hommes, Cars (2021). Rational vs. Irrational Beliefs in a Complex World. IMFS Working papers