Chris's comments on KinkedR stable points
@@ -1564,6 +1564,22 @@ class ConsKinkedRsolver(ConsIndShockSolver):
points in the kinked R model. For now it simply serves to override
ConsIndShock's method, which does not apply here given the multiple
interest rates.
+
+ Discusson:
+ - The target and steady state should exist under the same conditions
+ as in ConsIndShock.
+ - The ConsIndShock code as it stands can not be directly applied
+ because it assumes that R is a constant, and in this model R depends
+ on the level of wealth.
+ - After allowing for wealth-depending interest rates, the existing
+ code might work without modification to add the stable points. If not,
+ it should be possible to find these values by checking within three
+ distinct intervals:
+ - From h_min to the lower kink.
+ - From the lower kink to the upper kink
+ - From the upper kink to infinity.
+ the stable points must be in one of these regions.
+
"""
return solution
