parameter,value,unit,source
J,12,periods,spec B.1
j_retire,9,age index,spec B.1
j_gift = j_estate,7,age index,spec B.1
beta (period),0.8153726975999999,-,"0.96 annual, illustrative"
gamma,2.0,-,illustrative
alpha,0.2,-,illustrative
chi,0.0,-,spec B.2 baseline 0
nu,2.0,-,illustrative
x_shift,1.0,income units,illustrative
rho_z (period),0.7737809374999998,-,"0.95^5, illustrative"
sigma_z (period),0.30430111381338465,-,"same unconditional variance as annual, illustrative"
n_z,5,-,Rouwenhorst
replacement rate,0.5,-,illustrative
"sigma_transitory (period, log)",0.03,-,"illustrative; unanticipated, breaks cash atoms"
h sizes,"[1.0, 1.5, 2.25, 3.4]",housing units,spec B.12
s_min,0.3,housing units,illustrative
m (period),0.05,share of value,"0.01 annual, illustrative"
kappa_b,0.025,share of price,illustrative
kappa_s,0.05,share of price,illustrative
kappa_f,0.01,share of value,illustrative
delta_H (period),0.04900995010000009,-,"0.01 annual, illustrative"
N,5,periods,25-year amortisation (literature_review §7)
theta,0.2,-,illustrative (uninsured threshold)
psi,0.39,-,illustrative
stress add-on (period),0.12175801787008256,-,"0.02 annual, illustrative"
r (period),0.10408080320000002,-,"0.02 annual, illustrative"
pibar (period),0.10408080320000002,-,0.02 annual (2 % target)
"i (period, Fisher)",0.2189944199947571,-,derived
phi (landlord wedge),0.05,share of value,illustrative
sigma_seg,1.0,-,spec B.6
eps,1.0,-,ILLUSTRATIVE (no verified Canadian estimate)
eps_r,1.0,-,illustrative
tau_b,0.0,-,policy experiment
n_a / a_max,50 / 15.0,-,grid
n_b,20,-,grid
n_x,120,-,grid
n_B,11,-,grid
K_estate,5,-,lottery
n_dynasties,96000,-,simulation
seed,20261020,-,simulation