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9 changes: 7 additions & 2 deletions source/rst/heavy_tails.rst
Original file line number Diff line number Diff line change
Expand Up @@ -417,7 +417,7 @@ Exercise 4

Replicate the rank-size plot figure :ref:`presented above <rank_size_fig1>`.

If you like you can use the function ``qe.rank_size_plot`` from the ``quantecon`` library to generate the plots.
If you like you can use the function ``qe.rank_size`` from the ``quantecon`` library to generate the plots.

Use ``np.random.seed(13)`` to set the seed.

Expand Down Expand Up @@ -597,7 +597,12 @@ Now we plot the data:

for data, label, ax in zip(data_list, labels, axes):

qe.rank_size_plot(data, ax, label=label)
rank_data, size_data = qe.rank_size(data)

ax.loglog(rank_data, size_data, 'o', markersize=3.0, alpha=0.5, label=label)
ax.set_xlabel("log rank")
ax.set_ylabel("log size")

ax.legend()

fig.subplots_adjust(hspace=0.4)
Expand Down
7 changes: 5 additions & 2 deletions source/rst/kesten_processes.rst
Original file line number Diff line number Diff line change
Expand Up @@ -737,8 +737,11 @@ Now we produce the rank-size plot:

fig, ax = plt.subplots()

qe.rank_size_plot(data, ax, c=0.01)

rank_data, size_data = qe.rank_size(data, c=0.01)
ax.loglog(rank_data, size_data, 'o', markersize=3.0, alpha=0.5)
ax.set_xlabel("log rank")
ax.set_ylabel("log size")

plt.show()

The plot produces a straight line, consistent with a Pareto tail.
Expand Down
9 changes: 6 additions & 3 deletions source/rst/wealth_dynamics.rst
Original file line number Diff line number Diff line change
Expand Up @@ -576,7 +576,7 @@ At the same time, given the similarities, perhaps Pareto tails will arise.
To test this, run a simulation that generates a cross-section of wealth and
generate a rank-size plot.

If you like, you can use the function ``rank_size_plot`` from the ``quantecon`` library (documentation `here <https://quanteconpy.readthedocs.io/en/latest/tools/inequality.html#quantecon.inequality.rank_size_plot>`__).
If you like, you can use the function ``rank_size`` from the ``quantecon`` library (documentation `here <https://quanteconpy.readthedocs.io/en/latest/tools/inequality.html#quantecon.inequality.rank_size>`__).

In viewing the plot, remember that Pareto tails generate a straight line. Is
this what you see?
Expand Down Expand Up @@ -645,6 +645,9 @@ Now let's see the rank-size plot:

fig, ax = plt.subplots()

qe.rank_size_plot(ψ_star, ax, c=0.001)

rank_data, size_data = qe.rank_size(ψ_star, c=0.001)
ax.loglog(rank_data, size_data, 'o', markersize=3.0, alpha=0.5)
ax.set_xlabel("log rank")
ax.set_ylabel("log size")

plt.show()