From 69604bfb33673a6a7a11b8326caa351b0e980a6a Mon Sep 17 00:00:00 2001 From: jdebacker Date: Sun, 23 Jun 2024 20:07:09 -0400 Subject: [PATCH] update interest rates and openness --- examples/run_og_usa.py | 4 ++++ ogusa/ogusa_default_parameters.json | 2 +- 2 files changed, 5 insertions(+), 1 deletion(-) diff --git a/examples/run_og_usa.py b/examples/run_og_usa.py index 1f0e501d..187c3091 100644 --- a/examples/run_og_usa.py +++ b/examples/run_og_usa.py @@ -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 diff --git a/ogusa/ogusa_default_parameters.json b/ogusa/ogusa_default_parameters.json index 76a0a40a..7b8b16d5 100644 --- a/ogusa/ogusa_default_parameters.json +++ b/ogusa/ogusa_default_parameters.json @@ -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],