SPB Git forge

spb/wp18_uqo

Public
6commits 1branches 0releases
5.4 MBsize
maindefault branch
yesterdaylast push
TeX 53.2% Python 46.6%
2.7 KB · 59 lines latex
Raw Blame History
1\begin{table}[htbp]2\centering3\footnotesize4\begin{threeparttable}5\caption{Parameters of the baseline (period = 5 years)}6\label{tab:parameters}7\begin{tabular}{lp{2.2cm}p{2.3cm}p{6cm}}8\toprule9Parameter & Value & Unit & Source / status \\10\midrule11J & 12 & periods & spec B.1 \\12j\_retire & 9 & age index & spec B.1 \\13j\_gift = j\_estate & 7 & age index & spec B.1 \\14beta (period) & 0.8154 & - & 0.96 annual, illustrative \\15gamma & 2 & - & illustrative \\16alpha & 0.2 & - & illustrative \\17chi & 0 & - & spec B.2 baseline 0 \\18nu & 2 & - & illustrative \\19x\_shift & 1 & income units & illustrative \\20rho\_z (period) & 0.7738 & - & 0.95\textasciicircum{}5, illustrative \\21sigma\_z (period) & 0.3043 & - & same unconditional variance as annual, illustrative \\22n\_z & 5 & - & Rouwenhorst \\23replacement rate & 0.5 & - & illustrative \\24sigma\_transitory (period, log) & 0.03 & - & illustrative; unanticipated, breaks cash atoms \\25h sizes & [1.0, 1.5, 2.25, 3.4] & housing units & spec B.12 \\26s\_min & 0.3 & housing units & illustrative \\27m (period) & 0.05 & share of value & 0.01 annual, illustrative \\28kappa\_b & 0.025 & share of price & illustrative \\29kappa\_s & 0.05 & share of price & illustrative \\30kappa\_f & 0.01 & share of value & illustrative \\31delta\_H (period) & 0.04901 & - & 0.01 annual, illustrative \\32N & 5 & periods & 25-year amortisation (literature\_review §7) \\33theta & 0.2 & - & illustrative (uninsured threshold) \\34psi & 0.39 & - & illustrative \\35stress add-on (period) & 0.1218 & - & 0.02 annual, illustrative \\36r (period) & 0.1041 & - & 0.02 annual, illustrative \\37pibar (period) & 0.1041 & - & 0.02 annual (2 \% target) \\38i (period, Fisher) & 0.219 & - & derived \\39phi (landlord wedge) & 0.05 & share of value & illustrative \\40sigma\_seg & 1 & - & spec B.6 \\41eps & 1 & - & ILLUSTRATIVE (no verified Canadian estimate) \\42eps\_r & 1 & - & illustrative \\43tau\_b & 0 & - & policy experiment \\44n\_a / a\_max & 50 / 15.0 & - & grid \\45n\_b & 20 & - & grid \\46n\_x & 120 & - & grid \\47n\_B & 11 & - & grid \\48K\_estate & 5 & - & lottery \\49n\_dynasties & 96{,}000 & - & simulation \\50seed & 20{,}261{,}020 & - & simulation \\51\bottomrule52\end{tabular}53\begin{tablenotes}[flushleft]54\footnotesize55\item Values in period units after the conversions recorded in src/model.py (annual rates compounded over 5 years; the 5-year AR(1) keeps the unconditional variance of the annual process). ``Illustrative'' = no verified Canadian estimate in the literature matrix; the supply elasticity in particular has no verified Canadian source (research/literature\_review.md, \S7). Supply scales $\bar H$, $\bar H_r$ are set by the normalisation $p^* = p^{r*} = 1$. Source file: results/data/parameters.csv.56\end{tablenotes}57\end{threeparttable}58\end{table}59