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5411c7d
Move model to code/global/; document five standalone-model fixes in S…
Daniel-Jensen Jul 6, 2026
59d2e1f
Add Bocola risk channel, test suite, and model refinements
Daniel-Jensen Jul 9, 2026
ca88221
Fixing the steady state block of the model - comments, small fixes, i…
Daniel-Jensen Jul 9, 2026
31d5c20
Steady State shenanigans - plots, improved calibration, clearer output
Daniel-Jensen Jul 9, 2026
c7f606d
Verifying the no-risk calculation of transition
Daniel-Jensen Jul 10, 2026
a82431a
Model refinements; run TFP shock only in main
Daniel-Jensen Jul 14, 2026
db4153b
Fix sovereign-risk pass-through: correct sign + Greek-scale calibration
Daniel-Jensen Jul 15, 2026
d1bd6eb
Default branch: one deterministic haircut (no per-run ladder search)
Daniel-Jensen Jul 15, 2026
3e7b9d6
Simplify code/global comments; fix zero-shock branch guard
Daniel-Jensen Jul 16, 2026
62c82c8
Add pin_rdep diagnostic: fix deposit rates, drop deposit clearing
Daniel-Jensen Jul 16, 2026
870fb2e
Bocola-faithful trim: exogenous π, occasionally-binding μ, pure-hairc…
Daniel-Jensen Jul 17, 2026
a5646c1
Predetermined capital (Bocola eq. 6): K bought at t produces at t+1
Daniel-Jensen Jul 17, 2026
1fd08a5
Union deposit market via deposit-UIP (real-rate parity)
Daniel-Jensen Jul 18, 2026
34b1099
Regenerate headline figures under predetermined K + union deposit market
Daniel-Jensen Jul 18, 2026
7595704
Clarity cleanup: one-line caps comments, extract prints.py, drop dead…
Daniel-Jensen Jul 22, 2026
c495ffe
Add Bocola (2016) global-solution replication package; make risk chan…
Daniel-Jensen Jul 24, 2026
2fe0da6
Recursive global solution (Smolyak + two-branch quadrature); Bocola c…
Daniel-Jensen Aug 8, 2026
1207f6e
Bocola replication: decorrelated grid + Newton/FB collocation solver
Daniel-Jensen Aug 8, 2026
b1f0b81
Projection-only solver: package reorg, remove PF/representative branc…
Daniel-Jensen Aug 12, 2026
8bff8b4
Add EDS ergodic-grid module + recursive-solver methods note
Daniel-Jensen Aug 12, 2026
984f179
Bocola-faithful risk-channel fixes: revert 720bp regression, net-wort…
Daniel-Jensen Aug 14, 2026
cc52360
Bake anisotropic risk grid + net-worth floor into main as the product…
Daniel-Jensen Aug 15, 2026
224c710
Add SGU debt-elastic premium scaffold on the cross-border position (g…
Daniel-Jensen Aug 15, 2026
66d732b
Add Bocola (2016) JPE replication package under replication/bocola2016/
Daniel-Jensen Sep 3, 2026
28a7d28
Collocation solver, LTRO backstop and 100bp recalibration; drop bocol…
Daniel-Jensen Sep 3, 2026
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8 changes: 8 additions & 0 deletions .gitignore
Original file line number Diff line number Diff line change
Expand Up @@ -7,3 +7,11 @@ __pycache__/

# Jupyter notebook checkpoints
.ipynb_checkpoints/

# Claude Code local tool config/runtime state
.claude/

# Bocola (2016) replication package: the author's solved-model .mat outputs
# (165 MB; counterfactual.mat alone is 113 MB, over GitHub's 100 MB file
# limit). Regenerate them with the package's own Model/*.m scripts.
replication/bocola2016/Matfiles/
456 changes: 357 additions & 99 deletions CLAUDE.md

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118 changes: 0 additions & 118 deletions code/calibration.py

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127 changes: 0 additions & 127 deletions code/depreciation_calibration.py

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