Models
A friction-light toy benchmark that traces technology and government spending shocks through capital accumulation, labor choice, and intertemporal substitution. The route stays structure-first: equilibrium conditions, shocks, policy rules, curated observables, then experiments.
Models / Route
Use the route map to jump into structure, equations, and readout.
HelpThe route begins from the model template itself, with the observables layer arriving later in the workflow.
Outputs are served from static JSON so the structural experiments stay fast and inspectable.
The output layer is for impulse responses, decomposition, and policy comparison, not for generic time-series diagnostics.
DSGE route
RBC is the clean entry point because the economy is small enough for equilibrium conditions, capital accumulation, and shock propagation to stay visible without nominal frictions.
A structural system becomes easier to read here when technology or fiscal demand moves through a calibrated economy.
Why this route exists
A friction-light toy benchmark that traces technology and government spending shocks through capital accumulation, labor choice, and intertemporal substitution.
Use RBC when you want a clean benchmark for shock propagation before you add sticky prices, financial wedges, or heterogeneous agents.
Route workflow
Step 1
Reference calibration
A benchmark set of preferences, technology, and shock persistence values keeps the opening calibration legible.
Step 2
Inspect the steady state
Output, capital, and hours anchors make the later impulse responses interpretable.
Step 3
Select the shock
Technology and government-spending shocks drive the live benchmark today.
Step 4
Solve the responses
Impulse responses trace how consumption, investment, labor, and output move after the shock.
Step 5
Compare the calibration
Persistence and core parameters can be varied to see how the transmission changes.
Demo economy
The toy route teaches propagation through calibrated model variables and their structural links.
Steady-state targets
Priors and fixed parameters
Fixed calibration for β, α, δ, φ
Shock persistence for ρ_a and ρ_g
