Variables GL06PC

The following table contains the default information for the variables of the GL06PC model.

	Notation	Unit	History	Sectors	Sfc
ConsumptionHousehold	\(C(t)\)	USD	0	Household	[(‘Inflow’, ‘Production’), (‘Outflow’, ‘Household’)]
ConsumptionGovernment	\(G(t)\)	USD	0	Government	[(‘Inflow’, ‘Production’), (‘Outflow’, ‘Government’)]
NationalIncome	\(Y(t)\)	USD	0	Macroeconomy	[(‘Outflow’, ‘Production’), (‘Inflow’, ‘Household’)]
InterestEarnedOnBillsHousehold	\(r(t-1)\cdot B_h(t-1)\)	USD	0	Household	[(‘Inflow’, ‘Household’), (‘Outflow’, ‘Government’)]
CentralBankProfits	\(r(t-1)\cdot B_{CB}(t-1)\)	USD	0	CentralBank	[(‘Inflow’, ‘Government’), (‘Outflow’, ‘CentralBank’)]
Taxes	\(T(t)\)	USD	0	Household	[(‘Outflow’, ‘Household’), (‘Inflow’, ‘Government’)]
HouseholdMoneyStock	\(H_h(t)\)	USD	0	Household	[(‘Asset’, ‘Household’)]
CentralBankMoneyStock	\(H_{s}(t)\)	USD	0	CentralBank	[(‘Liability’, [‘CentralBank’, ‘Capital’])]
HouseholdBillStock	\(B_h(t)\)	USD	0	Household	[(‘Asset’, ‘Household’)]
GovernmentBillStock	\(B_s(t)\)	USD	0	Government	[(‘Liability’, ‘Government’)]
CentralBankBillStock	\(B_{CB}(t)\)	USD	0	CentralBank	[(‘Asset’, [‘CentralBank’, ‘Capital’])]
Wealth	\(V(t)\)	USD	0	Household	[(‘Liability’, ‘Household’), (‘Asset’, ‘Government’)]
InterestRate	\(r(t)\)	.	0	Macroeconomy	[(‘Index’, ‘Macroeconomy’)]
DisposableIncome	\(YD(t)\)	USD	0	Household	[(‘Index’, ‘Household’)]