gemIntertemporalStochastic_ThreePeriods_2_2 {GE} | R Documentation |
A Three-Period Intertemporal Stochastic Equilibrium Model with a Consumer and a Type of Firm
Description
An intertemporal stochastic equilibrium model of three periods with a consumer and a type of firm. The consumer will live for three periods and has a von Neumann-Morgenstern expected utility function. There is one natural state in the first period, two natural states in the second period and two natural states in the third period.
Usage
gemIntertemporalStochastic_ThreePeriods_2_2(...)
Arguments
... |
arguments to be passed to the function sdm2. |
Examples
dst.firm1 <- node_new(
"prod2",
type = "CD", alpha = 2,
beta = c(0.5, 0.5),
"lab1", "prod1"
)
dst.firm2.1 <- node_new(
"prod3.1",
type = "CD", alpha = 2,
beta = c(0.5, 0.5),
"prod2.1", "lab2.1"
)
dst.firm2.2 <- node_new(
"prod3.2",
type = "CD", alpha = 1,
beta = c(0.4, 0.6),
"prod2.2", "lab2.2"
)
dst.consumer <- node_new(
"util",
type = "CD", alpha = 1,
beta = rep(1 / 5, 5),
"prod1", "prod2.1", "prod2.2",
"prod3.1", "prod3.2"
)
ge <- sdm2(
A = c(
dst.firm1, dst.firm2.1, dst.firm2.2,
dst.consumer
),
B = matrix(c(
0, 0, 0, 0,
1, 0, 0, 0,
1, 0, 0, 0,
0, 1, 0, 0,
0, 0, 1, 0,
0, 0, 0, 0,
0, 0, 0, 0,
0, 0, 0, 0
), 8, 4, TRUE),
S0Exg = matrix(c(
NA, NA, NA, 50,
NA, NA, NA, NA,
NA, NA, NA, NA,
NA, NA, NA, NA,
NA, NA, NA, NA,
NA, NA, NA, 100,
NA, NA, NA, 100,
NA, NA, NA, 100
), 8, 4, TRUE),
names.commodity = c(
"prod1", "prod2.1", "prod2.2",
"prod3.1", "prod3.2",
"lab1", "lab2.1", "lab2.2"
),
names.agent = c(
"firm1", "firm2.1", "firm2.2",
"consumer"
),
numeraire = "lab1",
policy = makePolicyMeanValue(30),
ts = TRUE
)
ge$p
ge$z
ge$D
ge$S
ge$DV
ge$SV
[Package GE version 0.4.5 Index]