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 RosenzweigWolpinJPE1993.ox

Replicating Rosenzweig-Wolpin (1993) Farmer Model using DDP.

The Model

 Global enumerations

Enumerations
 Anonymous enum 1

 Bullocks

Public methods
 Bullocks
 Transit

 Farmer

Rosenzweig Wolpin 1993 model
Public fields
 B static
 b static
 badweath static
 badweathprob static const
 bullmort static const
 calf static
 delt static const
 eps static
 lcalf static
 M static
 m static
 pars static const
 pub static
Public methods
 Consumption static
 FeasibleActions Return \(A(\theta)\).
 Profits static
 Replicate static Run the replication.
 Utility Utility.
Enumerations
 Anonymous enum 1 Parameters from the paper.
 Anonymous enum 2
 Anonymous enum 3
 Anonymous enum 4

 Global

Enumerations
Anonymous enum 1 FarmT, Age0, BullMax, BullMaturity, Ndraws

 Bullocks

 Bullocks

Bullocks :: Bullocks ( )

 Transit

Bullocks :: Transit ( )

 Farmer

Enumerations
Anonymous enum 1 Parameters from the paper. intcpt, OneB, TwoB, HasPump, WeathShock, Age, AgeSq, EpsVar, ProfEq
Anonymous enum 2 Pump, Calf, Bull, Assets
Anonymous enum 3 Pibeta, gam, gam1, Cmin, Prices, FarmerPars
Anonymous enum 4 UM89, JPE93, Pubs

 B

static decl B [public]

 b

static decl b [public]

 badweath

static decl badweath [public]

 badweathprob

static const decl badweathprob [public]

 bullmort

static const decl bullmort [public]

 calf

static decl calf [public]

 Consumption

static Farmer :: Consumption ( )

 delt

static const decl delt [public]

 eps

static decl eps [public]

 FeasibleActions

Farmer :: FeasibleActions ( )
Return \(A(\theta)\). Fertility is not a feasible choice for t>T-1

 lcalf

static decl lcalf [public]

 M

static decl M [public]

 m

static decl m [public]

 pars

static const decl pars [public]

 Profits

static Farmer :: Profits ( )

 pub

static decl pub [public]

 Replicate

static Farmer :: Replicate ( )
Run the replication.

 Utility

Farmer :: Utility ( )
Utility.