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Description
Hello,
For the exercise solution for Job Search I: The McCall Search Model (mccall_model.ipynb), I'm wondering if the index is off when generating the random wage causing the estimated means to be off. The code segment is below
# Generate a wage draw
w_val = w[rand(dist)]
Since support(dist) is in 0,...,50 shouldn't it be w_val = w[rand(dist)+1] so that it matches the indices of w which go from 1,...,51?