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 |