From 4326b4bb6e2fb864d2b3b74fd9ee5924fea98a3a Mon Sep 17 00:00:00 2001 From: Richard Evans Date: Thu, 5 Sep 2024 00:39:39 -0600 Subject: [PATCH] Added 5 new remittance parameters to default_parameters.json --- ogcore/default_parameters.json | 822 +++++++++++++++++++++++++++++++++ 1 file changed, 822 insertions(+) diff --git a/ogcore/default_parameters.json b/ogcore/default_parameters.json index c464129ca..0075c09cc 100644 --- a/ogcore/default_parameters.json +++ b/ogcore/default_parameters.json @@ -769,6 +769,87 @@ } } }, + "alpha_RM_1": { + "title": "Exogenous ratio of aggregate remittances to GDP in current period (t=1)", + "description": "Exogenous ratio of aggregate remittances to GDP in current period (t=1).", + "section_1": "Household Parameters", + "section_2": "Endowments", + "notes": "", + "type": "float", + "number_dims": 1, + "value": [ + { + "value": 0.0 + } + ], + "validators": { + "range": { + "min": -0.05, + "max": 0.4 + } + } + }, + "alpha_RM_T": { + "title": "Exogenous ratio of aggregate remittances to GDP in the long run/steady state (t>T)", + "description": "Exogenous ratio of aggregate remittances to GDP in the long run/steady state (t>T).", + "section_1": "Household Parameters", + "section_2": "Endowments", + "notes": "", + "type": "float", + "number_dims": 1, + "value": [ + { + "value": 0.0 + } + ], + "validators": { + "range": { + "min": -0.05, + "max": 0.4 + } + } + }, + "g_RM": { + "title": "Growth rate of aggregate remittances between periods tG1 and tG2", + "description": "Growth rate of aggregate remittances between periods tG1 and tG2", + "section_1": "Household Parameters", + "section_2": "Endowments", + "notes": "", + "type": "float", + "number_dims": 1, + "value": [ + { + "value": [ + 0.00 + ] + } + ], + "validators": { + "range": { + "min": -0.02, + "max": 0.15 + } + } + }, + "rho_RM": { + "title": "Speed of convergence of aggregate remittances to a stable growth rate between periods tG1 and tG2", + "description": "Speed of convergence of aggregate remittances to a stable growth rate between periods tG1 and tG2.", + "section_1": "Household Parameters", + "section_2": "Endowments", + "notes": "Lower rho_RM => slower convergence.", + "type": "float", + "value": [ + { + "value": 0.1 + } + ], + "validators": { + "range": { + "min": 0.01, + "max": 0.9 + } + } + }, "debt_ratio_ss": { "title": "Debt to GDP ratio to be achieved in the steady state", "description": "Debt to GDP ratio to be achieved in the steady state.", @@ -2066,6 +2147,747 @@ } } }, + "eta_RM": { + "title": "Remittances allocation", + "description": "Matrix that allocates aggregate remittances across households.", + "section_1": "Household Parameters", + "section_2": "Endowments", + "notes": "This SxJ matrix gives the fraction of total aggregate remittances going to each age s and ability type j.", + "type": "float", + "number_dims": 2, + "value": [ + { + "value": [ + [ + 0.00395156539, + 0.00395156539, + 0.00316125231, + 0.00158062616, + 0.00158062616, + 0.00142256354, + 0.000158062616 + ], + [ + 0.00397057633, + 0.00397057633, + 0.00317646106, + 0.00158823053, + 0.00158823053, + 0.00142940748, + 0.000158823053 + ], + [ + 0.00399140521, + 0.00399140521, + 0.00319312416, + 0.00159656208, + 0.00159656208, + 0.00143690587, + 0.000159656208 + ], + [ + 0.00401335125, + 0.00401335125, + 0.003210681, + 0.0016053405, + 0.0016053405, + 0.00144480645, + 0.00016053405 + ], + [ + 0.0040353396, + 0.0040353396, + 0.00322827168, + 0.00161413584, + 0.00161413584, + 0.00145272226, + 0.000161413584 + ], + [ + 0.00405670193, + 0.00405670193, + 0.00324536154, + 0.00162268077, + 0.00162268077, + 0.00146041269, + 0.000162268077 + ], + [ + 0.0040761153, + 0.0040761153, + 0.00326089224, + 0.00163044612, + 0.00163044612, + 0.00146740151, + 0.000163044612 + ], + [ + 0.00409333545, + 0.00409333545, + 0.00327466836, + 0.00163733418, + 0.00163733418, + 0.00147360076, + 0.000163733418 + ], + [ + 0.00410837135, + 0.00410837135, + 0.00328669708, + 0.00164334854, + 0.00164334854, + 0.00147901369, + 0.000164334854 + ], + [ + 0.00412086399, + 0.00412086399, + 0.00329669119, + 0.0016483456, + 0.0016483456, + 0.00148351104, + 0.00016483456 + ], + [ + 0.004130814, + 0.004130814, + 0.0033046512, + 0.0016523256, + 0.0016523256, + 0.00148709304, + 0.00016523256 + ], + [ + 0.0041388937, + 0.0041388937, + 0.00331111496, + 0.00165555748, + 0.00165555748, + 0.00149000173, + 0.000165555748 + ], + [ + 0.00414547736, + 0.00414547736, + 0.00331638188, + 0.00165819094, + 0.00165819094, + 0.00149237185, + 0.000165819094 + ], + [ + 0.00415083838, + 0.00415083838, + 0.0033206707, + 0.00166033535, + 0.00166033535, + 0.00149430182, + 0.000166033535 + ], + [ + 0.00415488494, + 0.00415488494, + 0.00332390795, + 0.00166195398, + 0.00166195398, + 0.00149575858, + 0.000166195398 + ], + [ + 0.00415765147, + 0.00415765147, + 0.00332612118, + 0.00166306059, + 0.00166306059, + 0.00149675453, + 0.000166306059 + ], + [ + 0.00415882813, + 0.00415882813, + 0.00332706251, + 0.00166353125, + 0.00166353125, + 0.00149717813, + 0.000166353125 + ], + [ + 0.00415877597, + 0.00415877597, + 0.00332702078, + 0.00166351039, + 0.00166351039, + 0.00149715935, + 0.000166351039 + ], + [ + 0.00415741548, + 0.00415741548, + 0.00332593239, + 0.00166296619, + 0.00166296619, + 0.00149666957, + 0.000166296619 + ], + [ + 0.00415480168, + 0.00415480168, + 0.00332384134, + 0.00166192067, + 0.00166192067, + 0.0014957286, + 0.000166192067 + ], + [ + 0.00415094623, + 0.00415094623, + 0.00332075698, + 0.00166037849, + 0.00166037849, + 0.00149434064, + 0.000166037849 + ], + [ + 0.00414595663, + 0.00414595663, + 0.00331676531, + 0.00165838265, + 0.00165838265, + 0.00149254439, + 0.000165838265 + ], + [ + 0.00413994913, + 0.00413994913, + 0.00331195931, + 0.00165597965, + 0.00165597965, + 0.00149038169, + 0.000165597965 + ], + [ + 0.00413307009, + 0.00413307009, + 0.00330645607, + 0.00165322804, + 0.00165322804, + 0.00148790523, + 0.000165322804 + ], + [ + 0.00412533994, + 0.00412533994, + 0.00330027195, + 0.00165013598, + 0.00165013598, + 0.00148512238, + 0.000165013598 + ], + [ + 0.00411571867, + 0.00411571867, + 0.00329257494, + 0.00164628747, + 0.00164628747, + 0.00148165872, + 0.000164628747 + ], + [ + 0.00410463912, + 0.00410463912, + 0.00328371129, + 0.00164185565, + 0.00164185565, + 0.00147767008, + 0.000164185565 + ], + [ + 0.0040923822, + 0.0040923822, + 0.00327390576, + 0.00163695288, + 0.00163695288, + 0.00147325759, + 0.000163695288 + ], + [ + 0.00407842935, + 0.00407842935, + 0.00326274348, + 0.00163137174, + 0.00163137174, + 0.00146823457, + 0.000163137174 + ], + [ + 0.00406247076, + 0.00406247076, + 0.00324997661, + 0.0016249883, + 0.0016249883, + 0.00146248947, + 0.00016249883 + ], + [ + 0.00404485785, + 0.00404485785, + 0.00323588628, + 0.00161794314, + 0.00161794314, + 0.00145614883, + 0.000161794314 + ], + [ + 0.00402617428, + 0.00402617428, + 0.00322093943, + 0.00161046971, + 0.00161046971, + 0.00144942274, + 0.000161046971 + ], + [ + 0.00400535937, + 0.00400535937, + 0.0032042875, + 0.00160214375, + 0.00160214375, + 0.00144192937, + 0.000160214375 + ], + [ + 0.00398258969, + 0.00398258969, + 0.00318607175, + 0.00159303588, + 0.00159303588, + 0.00143373229, + 0.000159303588 + ], + [ + 0.00395814392, + 0.00395814392, + 0.00316651514, + 0.00158325757, + 0.00158325757, + 0.00142493181, + 0.000158325757 + ], + [ + 0.00393179647, + 0.00393179647, + 0.00314543717, + 0.00157271859, + 0.00157271859, + 0.00141544673, + 0.000157271859 + ], + [ + 0.00390383957, + 0.00390383957, + 0.00312307165, + 0.00156153583, + 0.00156153583, + 0.00140538224, + 0.000156153583 + ], + [ + 0.00387400035, + 0.00387400035, + 0.00309920028, + 0.00154960014, + 0.00154960014, + 0.00139464013, + 0.000154960014 + ], + [ + 0.00384196877, + 0.00384196877, + 0.00307357502, + 0.00153678751, + 0.00153678751, + 0.00138310876, + 0.000153678751 + ], + [ + 0.00380787789, + 0.00380787789, + 0.00304630231, + 0.00152315115, + 0.00152315115, + 0.00137083604, + 0.000152315115 + ], + [ + 0.00377185201, + 0.00377185201, + 0.00301748161, + 0.0015087408, + 0.0015087408, + 0.00135786672, + 0.00015087408 + ], + [ + 0.0037340474, + 0.0037340474, + 0.00298723792, + 0.00149361896, + 0.00149361896, + 0.00134425707, + 0.000149361896 + ], + [ + 0.00369312767, + 0.00369312767, + 0.00295450213, + 0.00147725107, + 0.00147725107, + 0.00132952596, + 0.000147725107 + ], + [ + 0.00364931125, + 0.00364931125, + 0.002919449, + 0.0014597245, + 0.0014597245, + 0.00131375205, + 0.00014597245 + ], + [ + 0.00360766197, + 0.00360766197, + 0.00288612958, + 0.00144306479, + 0.00144306479, + 0.00129875831, + 0.000144306479 + ], + [ + 0.00356285967, + 0.00356285967, + 0.00285028773, + 0.00142514387, + 0.00142514387, + 0.00128262948, + 0.000142514387 + ], + [ + 0.00351155021, + 0.00351155021, + 0.00280924016, + 0.00140462008, + 0.00140462008, + 0.00126415807, + 0.000140462008 + ], + [ + 0.00345670257, + 0.00345670257, + 0.00276536205, + 0.00138268103, + 0.00138268103, + 0.00124441292, + 0.000138268103 + ], + [ + 0.00340163241, + 0.00340163241, + 0.00272130593, + 0.00136065297, + 0.00136065297, + 0.00122458767, + 0.000136065297 + ], + [ + 0.00334480304, + 0.00334480304, + 0.00267584243, + 0.00133792122, + 0.00133792122, + 0.00120412909, + 0.000133792122 + ], + [ + 0.00328292059, + 0.00328292059, + 0.00262633647, + 0.00131316824, + 0.00131316824, + 0.00118185141, + 0.000131316824 + ], + [ + 0.00321650788, + 0.00321650788, + 0.00257320631, + 0.00128660315, + 0.00128660315, + 0.00115794284, + 0.000128660315 + ], + [ + 0.00314624315, + 0.00314624315, + 0.00251699452, + 0.00125849726, + 0.00125849726, + 0.00113264753, + 0.000125849726 + ], + [ + 0.00307157839, + 0.00307157839, + 0.00245726271, + 0.00122863136, + 0.00122863136, + 0.00110576822, + 0.000122863136 + ], + [ + 0.00299199285, + 0.00299199285, + 0.00239359428, + 0.00119679714, + 0.00119679714, + 0.00107711743, + 0.000119679714 + ], + [ + 0.00290744259, + 0.00290744259, + 0.00232595407, + 0.00116297703, + 0.00116297703, + 0.00104667933, + 0.000116297703 + ], + [ + 0.00281749792, + 0.00281749792, + 0.00225399834, + 0.00112699917, + 0.00112699917, + 0.00101429925, + 0.000112699917 + ], + [ + 0.00272138616, + 0.00272138616, + 0.00217710893, + 0.00108855447, + 0.00108855447, + 0.000979699019, + 0.000108855447 + ], + [ + 0.00261938813, + 0.00261938813, + 0.00209551051, + 0.00104775525, + 0.00104775525, + 0.000942979727, + 0.000104775525 + ], + [ + 0.00251105115, + 0.00251105115, + 0.00200884092, + 0.00100442046, + 0.00100442046, + 0.000903978414, + 0.000100442046 + ], + [ + 0.00239617674, + 0.00239617674, + 0.00191694139, + 0.000958470695, + 0.000958470695, + 0.000862623626, + 9.58470695e-05 + ], + [ + 0.00227487878, + 0.00227487878, + 0.00181990302, + 0.000909951512, + 0.000909951512, + 0.000818956361, + 9.09951512e-05 + ], + [ + 0.00214701698, + 0.00214701698, + 0.00171761358, + 0.000858806792, + 0.000858806792, + 0.000772926113, + 8.58806792e-05 + ], + [ + 0.00201259941, + 0.00201259941, + 0.00161007953, + 0.000805039765, + 0.000805039765, + 0.000724535788, + 8.05039765e-05 + ], + [ + 0.00187184833, + 0.00187184833, + 0.00149747867, + 0.000748739333, + 0.000748739333, + 0.000673865399, + 7.48739333e-05 + ], + [ + 0.00172541264, + 0.00172541264, + 0.00138033011, + 0.000690165054, + 0.000690165054, + 0.000621148549, + 6.90165054e-05 + ], + [ + 0.00157491245, + 0.00157491245, + 0.00125992996, + 0.000629964979, + 0.000629964979, + 0.000566968481, + 6.29964979e-05 + ], + [ + 0.00142220089, + 0.00142220089, + 0.00113776071, + 0.000568880357, + 0.000568880357, + 0.000511992321, + 5.68880357e-05 + ], + [ + 0.00126948236, + 0.00126948236, + 0.00101558589, + 0.000507792943, + 0.000507792943, + 0.000457013648, + 5.07792943e-05 + ], + [ + 0.00111831414, + 0.00111831414, + 0.000894651316, + 0.000447325658, + 0.000447325658, + 0.000402593092, + 4.47325658e-05 + ], + [ + 0.000971364381, + 0.000971364381, + 0.000777091505, + 0.000388545752, + 0.000388545752, + 0.000349691177, + 3.88545752e-05 + ], + [ + 0.000830982831, + 0.000830982831, + 0.000664786265, + 0.000332393132, + 0.000332393132, + 0.000299153819, + 3.32393132e-05 + ], + [ + 0.000699517695, + 0.000699517695, + 0.000559614156, + 0.000279807078, + 0.000279807078, + 0.00025182637, + 2.79807078e-05 + ], + [ + 0.00057872894, + 0.00057872894, + 0.000462983152, + 0.000231491576, + 0.000231491576, + 0.000208342418, + 2.31491576e-05 + ], + [ + 0.000469422939, + 0.000469422939, + 0.000375538351, + 0.000187769176, + 0.000187769176, + 0.000168992258, + 1.87769176e-05 + ], + [ + 0.000373067125, + 0.000373067125, + 0.0002984537, + 0.00014922685, + 0.00014922685, + 0.000134304165, + 1.4922685e-05 + ], + [ + 0.000290043322, + 0.000290043322, + 0.000232034658, + 0.000116017329, + 0.000116017329, + 0.000104415596, + 1.16017329e-05 + ], + [ + 0.000220585214, + 0.000220585214, + 0.000176468171, + 8.82340856e-05, + 8.82340856e-05, + 7.9410677e-05, + 8.82340856e-06 + ], + [ + 0.000163827444, + 0.000163827444, + 0.000131061955, + 6.55309777e-05, + 6.55309777e-05, + 5.89778799e-05, + 6.55309777e-06 + ], + [ + 0.000118543187, + 0.000118543187, + 9.48345498e-05, + 4.74172749e-05, + 4.74172749e-05, + 4.26755474e-05, + 4.74172749e-06 + ] + ] + } + ], + "validators": { + "range": { + "min": 0.0, + "max": 1.0 + } + } + }, "zeta": { "title": "Bequest distribution process", "description": "Matrix that describes the bequest distribution process.",