Project Articles

Model SIM Exploration 1

Model SIM Real World Time Series Exploration

What does the flow of net financial assets for the private domestic sector look like in Model SIM when using real-world stimulus (total managed expenditure) time-series data?

Parameters

Incorporate real-word total managed expenditure (spending) time-series data as ModelSIM government agent stimulus for producer agents.

Agent Population:

  • Initial Governments = 1
  • Initial Consumer Households = 110
  • Initial Producer Households = 100
  1. Number of model iterations: [Number of periods in expenditure time-series]
  2. Government agent stimulus: [Expenditure for the time-series period] Monetary units
  3. Consumer agent tax rate: 37%
  4. Consumption function:

    1. Proportion of disposable income: 60%
    2. Proportion of (agent wealth) at the opening of the period (iteration): 40%
  5. Renewable energy sources compound growth: 2%

Expenditure Data Source

Region: United States Of America (US)

Total managed expenditure (quarterly) data source: 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, April 12, 2019.

Outcomes

Visualisations by Region
United States Of America

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Outcome 1

Compute net financial assets (fiscal balance (deficit / surplus)) made available to Model SIM producer agents by the government agent.

Outcome 2

Compute the change in money supply (stimulus) as a percentage of Model SIM national income. This experiment will isolate and show government agent money supply velocity.