Extension Examples#
Examples demonstrating extensions from the original BAM model (Delli Gatti et al., 2011).
These examples reproduce research extensions from the BAM book:
Growth+ Model: R&D investment and endogenous productivity growth. Demonstrates how to create custom roles and events to extend BAM Engine.
Consumption and Buffer Shock: Household consumption shocks and savings buffer dynamics
Parameter Space Exploration: Systematic exploration of model sensitivity to key parameters
Preferential Attachment: Preferential attachment in consumption and firm entry mechanisms
Each example includes detailed explanations of the economic mechanisms and comparison with results from the original literature.
Note: The Growth+ example is a simplified demonstration focused on teaching how to create custom extensions. For full validation with target bounds and statistical annotations, run:
python -m validation.scenarios.growth_plus