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3 changes: 1 addition & 2 deletions lectures/ifp.md
Original file line number Diff line number Diff line change
Expand Up @@ -43,8 +43,7 @@ This is an essential sub-problem for many representative macroeconomic models
* {cite}`Huggett1993`
* etc.

It is related to the decision problem in the {doc}`stochastic optimal growth
model <optgrowth>` and yet differs in important ways.
It is related to the decision problem in the {doc}`stochastic optimal growth model <optgrowth>` and yet differs in important ways.

For example, the choice problem for the agent includes an additive income term that leads to an occasionally binding constraint.

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