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rickecon committed Sep 5, 2024
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Expand Up @@ -175,7 +175,7 @@ In this section, we describe what is arguably the most important economic agent


(SecHHtransfers)=
## Transfers to the household
## Transfers to household

The household budget constraint {eq}`EqHHBC` includes four terms that represent different types of transfers to households: bequests $bq_{j,s,t}$, remittances $rm_{j,s,t}$, government transfers $tr_{j,s,t}$, and universal basic income $ubi_{j,s,t}$. These four types of household transfers are detailed in the following subsections.

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