Variables Mark0COVID#

The following table contains the default information for the variables of the Mark0COVID model.

Notation

Unit

History

Sectors

FirmPrice

\(P_{i,t}\)

.

0

N_firms

FirmWage

\(W_{i,t}\)

.

0

N_firms

FirmProduction

\(Y_{i,t}\)

.

0

N_firms

FirmDemand

\(D_{i,t}\)

.

0

N_firms

FirmAssets

\(A_{i,t}\)

.

0

N_firms

FirmProfits

\(\Pi_{i,t}\)

.

0

N_firms

FirmAlive

\(\alpha_{i,t}\)

.

0

N_firms

AveragePrice

\(\bar P_t\)

.

1

AverageWage

\(\bar W_t\)

.

0

MaxWage

\(W^{\max}_t\)

.

0

TotalProduction

\(Y_t\)

.

0

TotalPayroll

\(\sum_i W_{i,t} Y_{i,t}\)

.

0

TotalDemand

\(D_t\)

.

0

Inflation

\(\pi_t\)

1 / period

0

ExpectedInflationEWMA

\(\pi^{ema}_t\)

1 / period

0

ExpectedInflationUsed

\(\hat\pi_t\)

1 / period

0

DepositRateEWMA

\(\bar\rho^d_t\)

1 / period

0

LoanRateEWMA

\(\bar\rho^l_t\)

1 / period

0

Unemployment

\(u_t\)

.

0

UnemploymentEWMA

\(\bar u_t\)

.

0

HouseholdSavings

\(S_t\)

.

0

FirmSavingsTotal

\(\mathcal{E}^+_t\)

.

0

FirmDebtTotal

\(\mathcal{E}^-_t\)

.

0

FirmAssetsTotal

\(\sum_i A_{i,t}\)

.

0

DefaultedTotal

\(\text{def}_t\)

.

0

BankruptcyRate

\(b_t\)

.

0

CBRate

\(\rho^0_t\)

1 / period

0

LoanRate

\(\rho^l_t\)

1 / period

0

DepositRate

\(\rho^d_t\)

1 / period

0

ConsumptionPropensity

\(c_t\)

.

0

ConsumptionBudget

\(B_t\)

.

0

FirmGamma

\(\Gamma_t\)

.

0

Employment

\(\varepsilon_t\)

.

0

M0Stock

\(M^0_t\)

.

0

FirmStayAlive

\(\sigma_{i,t}\)

.

0

N_firms

FirmEnterBankruptcy

\(\beta_{i,t}\)

.

0

N_firms

FirmPayroll

\(W_{i,t} Y_{i,t}\)

.

0

N_firms

FirmExcessDemandQuantity

\(\Delta Y_{i,t}\)

.

0

N_firms

FirmExcessDemandMask

\(\mathbf{1}^D_{i,t}\)

.

0

N_firms

FirmExcessSupplyMask

\(\mathbf{1}^S_{i,t}\)

.

0

N_firms

FirmRenSolvency

\(\text{ren}_{i,t}\)

.

0

N_firms

FirmUnemployedLabourShare

\(u^{\text{share}}_{i,t}\)

.

0

N_firms

LowestPrice

\(P^{\min}_t\)

.

0