ABMSIM Run USA

Parameters

Population

  • Government Agent = 1
  • Producer Agents = 100
  • Consumer Agents = 110

Structural unemployment is set at nine percent of the consumer population.

Stimulus

USA total managed expenditure (quarterly) data source starting 1960.

U.S. Bureau of Economic Analysis, Government total expenditures [W068RCQ027SBEA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/W068RCQ027SBEA

Flat Rate Taxation

Set at 37% of all consumer agent income.

Consumption function

  • Proportion of disposable income: 60%
  • Proportion of (agent wealth) at the opening of the period (quarter): 40%

Output

Plotly Chart Studio

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Money Supply Velocity

Money Supply.

Fiscal Balance

Fiscal Balance.

Fiscal Balance. (Pre Covid-19 Pandemic)

Consumer Rating

Consumer Rating.

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