johnsonice / ABM_MacroEconomy

Evaluate Monetary and Fiscal policies in AMB

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abcEconomics examples

To run the examples, first install the abcEconomics dependency

pip install -r requirements.txt

then run the start.py file from one of the examples. Note: the examples are not always working with the latest version of abcEconomics, so always check the version used in requirements.txt

Directory

Current Status

  • Finished the basic set up of a simple 3 sector model
  • In the 3 sector model, firm can make loan request and repay debt to banks
  • Finished price adjustment to labor market and good market
  • Finish global statisic aggregation (and basic charts)

To do

  • need to add fimrs refill function (as our last discussion, maybe not refill)
  • tweak settings to make sure results make sense
  • add taylor rule for interest rate adjustment
  • double check unit labor price cap is working properly

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Evaluate Monetary and Fiscal policies in AMB


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