publish-2025nov23b

What's Changed

• FIX: Add fetch-depth: 0 to publish workflow for git metadata by @mmcky in #731

Full Changelog: publish-2025nov23...publish-2025nov23b

publish-2025nov23

What's Changed

• Improve cake eating lecture clarity and mathematical notation by @jstac in #727
• Fix notation conflict: change volatility parameter from s to ν by @jstac in #728
• Upgrade quantecon-book-theme to 0.12.0 with git metadata by @mmcky in #726
• Improve cake eating time iteration lecture: fix alpha parameter handling and code style by @jstac in #729

Full Changelog: publish-2025nov21b...publish-2025nov23

publish-2025nov21b

What's Changed

• FIX: Enable nb_merge_streams in Sphinx config to fix code-cell streamed output formatting by @mmcky in #725

Full Changelog: publish-2025nov21...publish-2025nov21b

publish-2025nov21

What's Changed

• Improve cake eating lecture with new exercise and fixes by @jstac in #718
• MAINT: upgrade quantecon-book-theme==v0.11.0 by @mmcky in #720
• STYLE: Fix emphasis vs definitions style guide compliance (Issue #721) by @mmcky in #723

Full Changelog: publish-2025nov17b...publish-2025nov21

publish-2025nov17b

What's Changed

• Improve key handling and fix parameter consistency in McCall lectures by @jstac in #715

Full Changelog: publish-2025nov17...publish-2025nov17b

publish 2025 nov 17

publish-2025nov17

Add visualization and convergence demonstration to fitted VFI lecture…

publish 2025 nov 16

Extension to basic McCall model -- response to volatility (#707) (#709)

* Add continuous distribution and volatility analysis to McCall model (#707)

This commit addresses issue #707 by extending the basic McCall model:

- Add "Continuous Offer Distribution" section
  - Move continuous wage distribution from exercises to main content
  - Implement lognormal wage distribution with Monte Carlo integration
  - Show how reservation wage varies with c and β using contour plots

- Add "Volatility" section
  - Demonstrate that reservation wage increases with volatility
  - Use mean-preserving spread with lognormal distribution
  - Illustrate how workers prefer more volatile distributions

- Update exercise mm_ex1 solution
  - Change from discrete to continuous distribution
  - Use JAX implementation with continuous wage draws

- Remove exercise mm_ex2 (now covered in main text)

🤖 Generated with [Claude Code](https://claude.com/claude-code)

Co-Authored-By: Claude <noreply@anthropic.com>

* misc

* misc

* Add lifetime value analysis for volatility in McCall model

- Add new section showing expected lifetime value increases with volatility
- Implement parallel JAX code for simulating job search with optimal policy
- Use jax.vmap to vectorize 10,000 simulation replications
- Compute reservation wage and lifetime value across volatility levels
- Plot demonstrates option value of search under uncertainty
- Fix LaTeX escape sequence warnings in xlabel (use raw strings)

🤖 Generated with [Claude Code](https://claude.com/claude-code)

Co-Authored-By: Claude <noreply@anthropic.com>

* Simplify lifetime value simulation to fixed 100 periods

- Replace while_loop with fixed-period simulation (100 periods)
- Draw all wage offers upfront using vectorized operations
- Use cumsum to track employment status from first acceptance
- Simpler logic that's easier to parallelize (same path length)
- Cleaner code without nested loop functions
- Update description to reflect simplified approach

🤖 Generated with [Claude Code](https://claude.com/claude-code)

Co-Authored-By: Claude <noreply@anthropic.com>

* misc

* misc

---------

Co-authored-by: Claude <noreply@anthropic.com>

publish-2025nov14b

What's Changed

• Small updates to mccall_model_with_sep_markov by @jstac in #703
• Upgrade sphinx-tojupyter to 0.4.0 by @mmcky in #702

Full Changelog: publish-2025nov14...publish-2025nov14b

publish 2025 nov 14

publish-2025nov14

misc (#699)

publish-2025nov13b

What's Changed

• Enhance McCall separation model: Add full solution before simplification by @jstac in #697

Full Changelog: publish-2025nov13...publish-2025nov13b