create_parameter_grid: Create a set of parameter paths (grid).

In SebastianBehrens/SolowVariants: Provide framework to simulate macroeconomic Solow growth models

Create a set of parameter paths (grid).

Description

Creates dataframe with np+1 rows and length(names) columns.

Usage

create_parameter_grid(names, ivs, pfcs, nvs, np)

Arguments

names	A vector with the names of the model-specific set of exogenously defined parameters. Refer to the vignette for the used names to the parameters.
ivs	Vector with intial values of the parameters.
pfcs	Vector with periods of paramter changes.
nvs	Vector with new paramter values from the respective period of paramter change onwards.
np	Integer indicating the number of periods for which the paramter-grid will be set up.

Details

The word "grid" refers to multiple parameter paths. The term will be referenced throughout the simulation functions as every model is defined via exogenously given parameters that will be supplied and referenced as a 'parameter-grid' in the simulation functions. **Warning**: Make sure you use the correct names in names for the respective parameters. Use getRequiredParams(ModelCode) to get them. The model abbreviations for ModelCode (used consistently throughout the package) can be found in the vignette. **Warning**: The inputs will be used to create the paramter paths. For each paramter, the same index will be used across all input vectors. That means that the first entry to ivs will be the initial value to the parameter that is the first entry in the names vector. Same applies the rest of the inputs to this function.

Examples

create_parameter_grid(getRequiredParams("BS"),
                       c(1, 1/3, 0.1, 0.02, 0.15),
                       c(NA, NA, NA, NA, NA),
                       c(NA, NA, NA, NA, NA),
                       10)

SebastianBehrens/SolowVariants documentation built on Oct. 11, 2023, 2:49 p.m.