.. _explanations:

Explanations
============

Explanations help you deepen your knowledge on the concepts and topics behind
**respy**. This section provides an theoretical outline of the class of economic models
that can be implemented using **respy** and points you towards further literature to
deepen your understanding.


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                        <div class="card-header">What is respy?</div>
                    </div>
                </a>
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                <a href="recommended_reading.html" class="index-link">
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                        <div class="card-header">Recommended Reading</div>
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        </div>
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    <h2>Modeling Framework</h2>
     
The explanations below showcase what type of economic models **respy** can be
applied to using the example of Keane and Wolpin (1997, :cite:`Keane.1997`), which 
constitutes not only a seminal contribution to labor economic and structural econometric 
literature, but also served as one of the foundation stones in **respy**'s design and 
construction. The guides can therefore serve as inspiration for specifying your own 
model with **respy**.



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                        <div class="card-header">Economic Model</div>
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                </a>
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                <a href="mathematical_framework.html" class="index-link">
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                        <div class="card-header">Mathematical Framework</div>
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                </a>
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                <a href="computational_implementation.html" class="index-link">
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                        <div class="card-header">Computational Implementation</div>
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                </a>
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                <a href="calibration.html" class="index-link">
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                        <div class="card-header">Calibration Procedure</div>
                    </div>
                </a>
            </div>

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                <a href="parameterization.html" class="index-link">
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                        <div class="card-header">Parameterization</div>
                    </div>
                </a>
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                <a href="notation.html" class="index-link">
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                        <div class="card-header">Notation</div>
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    <h2>Additional Information</h2>

Find a short outline of a related model frequently encountered in the documentation, a
bibliography of the literature mentioned in the explanations, and
a glossary of terms found throughout the **respy** documentation. 

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                        <div class="card-header">Model in Keane and Wolpin (1994)</div>
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                </a>
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                        <div class="card-header">Bibliography</div>
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                        <div class="card-header">Glossary</div>
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.. toctree::
   :hidden:
   :maxdepth: 1

   introduction
   recommended_reading
   economic_model
   mathematical_framework
   computational_implementation
   calibration
   parameterization
   notation
   implementation_kw94
   bib
   glossary