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update interest rates and openness
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jdebacker committed Jun 24, 2024
1 parent 579c526 commit 69604bf
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Showing 2 changed files with 5 additions and 1 deletion.
4 changes: 4 additions & 0 deletions examples/run_og_usa.py
Original file line number Diff line number Diff line change
Expand Up @@ -68,6 +68,10 @@ def main():
"mtry_params": d["mtry_params"],
"mean_income_data": d["mean_income_data"],
"frac_tax_payroll": d["frac_tax_payroll"],
"r_gov_shift": [-0.005],
"r_gov_scale": [0.0],
"zeta_K": [0.5],
"zeta_D": [0.5],
}
p.update_specifications(updated_params)
# Run model
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2 changes: 1 addition & 1 deletion ogusa/ogusa_default_parameters.json
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Expand Up @@ -51,7 +51,7 @@
"debt_ratio_ss": 2.0,
"initial_debt_ratio": 0.99,
"r_gov_scale": [0.0],
"r_gov_shift": [0.5, 0.7, 0.9, 1],
"r_gov_shift": [-0.005, -0.007, -0.009, -0.01],
"cit_rate": [[0.21]],
"c_corp_share_of_assets": 0.55,
"adjustment_factor_for_cit_receipts": [0.3090],
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