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

Growth+ Model Extension

Growth+ Model Extension

Buffer-Stock Consumption Extension

Buffer-Stock Consumption Extension

Robustness Analysis

Robustness Analysis