Commit c478334
Add new lecture: Job Search with Separation and Markov Wages
This commit adds a new lecture that extends the job search model with separation by introducing Markov wage offers instead of IID wage offers.
Key changes:
- Added mccall_model_with_sep_markov.md to the lectures directory
- Updated _toc.yml to include the new lecture after mccall_model_with_separation
- Formatted the lecture header to match the QuantEcon lecture style (myst format, reference label, QuantEcon header)
- Added introduction that clearly references the previous lecture and explains the key difference (Markov vs IID wage offers)
- Lecture includes full implementation using JAX, value function iteration, sensitivity analysis, and cross-sectional simulations
The new lecture demonstrates how wage persistence affects job search decisions and labor market dynamics.
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Co-Authored-By: Claude <[email protected]>1 parent 1c98e34 commit c478334
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