Calibration settings

The calibration section changes model-wide economic settings. Omit fields that should use the G-Cubed defaults.

State selected calibration values

calibration:
  parameter_module: calibrated_parameters
  neutral_real_interest_rate: 0.036
  effective_labor_productivity_growth_rate_in_steady_state: 0.014
  rate_of_time_preference: 0.022
  marginal_propensity_to_consume: 1.0
  blanchard_probability_of_death: 0.03

These rates are decimal fractions. For example, 0.036 means 3.6 per cent. They are not the percentage-point INTR values used by baseline tuning.

The module name does not include .py. Numeric fields must be finite YAML numbers; quoted numbers and booleans are invalid.

Override one value

calibration:
  neutral_real_interest_rate: 0.04

Unlisted settings retain their G-Cubed defaults.

Projection, solution and diagnostic settings