Skip to content

Commit bf73a38

Browse files
authored
Fix duplicate equation label lake_lamda (#673)
Renamed equation label from 'lake_lamda' to 'endogenous_lake_lambda' to avoid duplicate label warning with lake_model.md. Updated the corresponding equation reference to use the new label name. Resolves warning: duplicate label of equation lake_lamda, other instance in lake_model
1 parent a24c9b1 commit bf73a38

File tree

1 file changed

+2
-2
lines changed

1 file changed

+2
-2
lines changed

lectures/endogenous_lake.md

Lines changed: 2 additions & 2 deletions
Original file line numberDiff line numberDiff line change
@@ -310,7 +310,7 @@ But their optimal decision rules determine the probability $\lambda$ of leaving
310310
This is now
311311

312312
```{math}
313-
:label: lake_lamda
313+
:label: endogenous_lake_lambda
314314
315315
\lambda
316316
= \gamma \mathbb P \{ w_t \geq \bar w\}
@@ -365,7 +365,7 @@ The lump-sum tax applies to everyone, including unemployed workers.
365365
For each specification $(c, \tau)$ of government policy, we can solve for the
366366
worker's optimal reservation wage.
367367

368-
This determines $\lambda$ via {eq}`lake_lamda` evaluated at post tax wages,
368+
This determines $\lambda$ via {eq}`endogenous_lake_lambda` evaluated at post tax wages,
369369
which in turn determines a steady state unemployment rate $u(c, \tau)$.
370370

371371
For a given level of unemployment benefit $c$, we can solve for a tax that balances the budget in the steady state

0 commit comments

Comments
 (0)