Growth+ Extension

The Growth+ extension adds R&D investment and endogenous productivity growth to the baseline model (chapter 3.8).

Time series with recession bands (GDP, unemployment, inflation, productivity-wage ratio), Phillips, Okun, and Beveridge curves, and firm size distribution.

Output and net-worth growth rate distributions, real interest rate, bankruptcies, financial fragility, price-clearing ratio, price dispersion, and equity-sales dispersion.

Run this yourself:

import bamengine as bam
from extensions.rnd import RND

sim = bam.Simulation.init(seed=42)
sim.use(RND)
results = sim.run(n_periods=1000, show=True)

See the full example.