For + Inf + Borr + Save, Test Preference Default (Save + Borr Distribution)

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Contents

Common Parameters

% Preference Arrays
ar_fl_beta = [0.94, 0.96, 0.98];
ar_fl_crra = [1, 1.5, 2.0];

% Accuracy
ar_it_a_n = [750];
ar_it_z_n = [15];

% Accuracy
ar_it_a_n_hg = [750, 1250, 2250];
ar_it_z_n_hg = [15, 19, 27];

% Borrowing/Savings Parameters
bl_default = true;
bl_bridge = true;
bl_rollover = true;
fl_b_bd = -20;
fl_c_min = 0.01; % cmin so low default exists but never chosen
fl_r_fsv = 0.02;
fl_r_inf = 0.065;
fl_r_fbr = 0.045;

% which group to simulate
ar_it_test_grp = [5];
it_simu_vec_len = 4;

Set Overriding Parameter Map

param_map = containers.Map('KeyType','char', 'ValueType','any');

% Key Borrowing Controls
param_map('bl_default') = bl_default;
param_map('bl_bridge') = bl_bridge;
param_map('bl_rollover') = bl_rollover;

% Key borrowing float controls
param_map('fl_b_bd') = fl_b_bd;
param_map('fl_c_min') = fl_c_min;

% Interest Rate Simulate Controls
param_map('fl_r_fsv') = fl_r_fsv;
param_map('fl_r_inf') = fl_r_inf;
param_map('fl_r_inf_bridge') = fl_r_inf;
param_map('fl_r_fbr') = fl_r_fbr;

Set Support Map

support_map = containers.Map('KeyType','char', 'ValueType','any');
% no overriding changes needed

Append to Parameter Arrays

param_test_array_map = containers.Map('KeyType','char', 'ValueType','any');
param_test_array_map('ar_fl_crra') = ar_fl_crra;

Simulate Model with Discount Low

param_map('fl_beta') = ar_fl_beta(1);
fsi_abz_fibs_ds_vecsv_testmain(param_map, support_map, ar_it_test_grp)
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xxx Preference xxxxxx
fl_beta = 0.94
fl_crra = 1.5
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xxx shocks xxxxxx
fl_z_rho = 0.8
fl_z_sig = 0.2
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xxx Boolean Controls xxxxxx
bl_default = 1
bl_bridge = 1
bl_rollover = 1
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xxx Float Controls xxxxxxxx
fl_default_aprime = 0
fl_b_bd = -20
fl_c_min = 0.01
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xxx Interest Rates xxxxxxxx
fl_r_fsv = 0.02
fl_r_inf = 0.065
fl_r_inf_bridge = 0.065
fl_r_fbr = 0.045
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xxx Formal Menu Params xxxx
st_forbrblk_type = seg3
fl_forbrblk_brmost = -19
fl_forbrblk_brleast = -1
fl_forbrblk_gap = -1.5
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ar_fl_crra = 1      1.3333      1.6667           2
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Vary Risk Aversion
ar_fl_crra = 1      1.3333      1.6667           2
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xxxxx fl_crra = 1 xxxxx
xxxxx it_a_n = 750, it_z_n = 15 xxxxx
Elapsed time is 2.376185 seconds.
Elapsed time is 0.218176 seconds.
tb_outcomes_meansdperc: mean, sd, percentiles
                                     mean         sd       coefofvar      min        max       pYis0      pYls0       pYgr0        pYisMINY      pYisMAXY        p0_1        p1          p5         p10         p15          p20          p25         p35        p50         p65        p75        p80        p85         p90       p95        p99       p99_9 
                                   _________    _______    _________    ________    ______    _______    _______    __________    __________    ___________    ________    _______    ________    ________    ________    _________    _________    _______    ________    _______    _______    _______    ________    _______    ______    _______    _______

    cl_mt_pol_a                       -9.425     6.6401    -0.70452          -20    46.916    0.13709    0.86291    2.7331e-32        0.1373    -3.0231e-35         -20        -20         -20         -20     -16.822      -16.168      -15.701    -12.523      -8.972    -5.7009    -2.8972    -2.6168     -2.1495          0         0          0          0
    cl_mt_pol_coh                     -8.145      6.666    -0.81841      -19.555    53.286          0    0.85536       0.14464    0.00045868    -3.0231e-35     -19.487    -19.317     -18.952     -18.606     -15.579      -15.027      -14.419    -11.315     -7.7645    -4.4662    -1.9888     -1.408    -0.29399    0.90837    1.3944     1.8555     2.4692
    cl_mt_pol_c                       3.3346     1.3529     0.40572         0.01    7.2898          0          0             1       0.13709    -3.0231e-35        0.01       0.01        0.01        0.01      3.1179       3.4817       3.6248     3.7153      3.8277     3.9041      3.955     3.9986      4.0376      4.154    4.3373     4.7287     5.1492
    cl_mt_pol_b_bridge               -6.1196     5.7535    -0.94017      -18.679         0    0.28173    0.71827             0    6.0283e-16        0.28173     -17.189     -16.65     -16.131     -15.542     -13.266      -12.221      -11.326    -8.4682     -4.9555    -1.6709          0          0           0          0         0          0          0
    cl_mt_pol_inf_borr_nobridge    -0.083965    0.19069     -2.2711     -0.88618         0    0.67928    0.32072             0    0.00068733        0.67928    -0.88351    -0.8079    -0.56872    -0.33433    -0.19124    -0.091805    -0.018589          0           0          0          0          0           0          0         0          0          0
    cl_mt_pol_for_borr               -3.3448     1.4741    -0.44071      -5.7475         0    0.13709    0.86291             0     0.0055866        0.13709     -5.7475      -4.18       -4.18       -4.18       -4.18        -4.18        -4.18      -4.18       -4.18      -4.18    -2.6125    -2.6125     -2.6125          0         0          0          0
    cl_mt_pol_for_save               0.12336    0.16589      1.3448            0    46.916    0.45781          0       0.54219       0.45781    -3.0231e-35           0          0           0           0           0            0            0          0    0.033747    0.13786    0.19403    0.23774     0.31579    0.38782    0.4909    0.60866    0.66006

xxxxx fl_crra = 1.3333 xxxxx
xxxxx it_a_n = 750, it_z_n = 15 xxxxx
Elapsed time is 1.930615 seconds.
Elapsed time is 0.302661 seconds.
tb_outcomes_meansdperc: mean, sd, percentiles
                                     mean        sd       coefofvar      min        max       pYis0       pYls0      pYgr0       pYisMINY      pYisMAXY        p0_1         p1          p5         p10         p15         p20        p25         p35         p50         p65         p75          p80          p85         p90         p95       p99      p99_9 
                                   ________    _______    _________    ________    ______    ________    _______    ________    __________    ___________    ________    ________    ________    ________    ________    _______    ________    ________    ________    ________    ________    _________    _________    ________    _______    ______    ______

    cl_mt_pol_a                     -7.0876     6.0195     -0.8493          -20    48.879    0.043088    0.92426    0.032654      0.036189     2.0545e-35         -20         -20     -18.411     -16.542     -14.766    -13.084     -11.589     -8.8785     -5.6075     -3.0841     -1.8692      -1.3084     -0.84112    -0.37383          0    1.1215    3.3645
    cl_mt_pol_coh                   -5.8076     6.0876     -1.0482      -19.555    53.286           0    0.80582     0.19418    0.00017167    -2.9569e-36     -19.408     -19.092     -17.261     -15.335     -13.532    -11.875     -10.334     -7.6437     -4.3728     -1.8954    -0.63438    -0.053678      0.46111      0.9284     1.5752    3.1234    5.5587
    cl_mt_pol_c                      1.5236    0.31537     0.20699         0.01    5.3657           0          0           1      0.035001    -2.9569e-36        0.01        0.01      1.3391       1.495      1.5049     1.5119      1.5185      1.5321      1.5511      1.5708       1.584       1.6043       1.6369      1.6906     1.8191    2.1119    2.4007
    cl_mt_pol_b_bridge              -5.7298     5.7237    -0.99895      -19.433         0     0.22918    0.77082           0    1.4938e-09        0.22918      -19.02      -18.52       -16.9     -14.958     -13.146    -11.474     -9.9598     -7.2448     -3.9879     -1.5009    -0.20702            0            0           0          0         0         0
    cl_mt_pol_inf_borr_nobridge    -0.46935    0.21824    -0.46499     -0.88241         0     0.13934    0.86066           0    0.00027774        0.13934    -0.86116    -0.76163    -0.63677    -0.61851    -0.61104    -0.6036    -0.59655    -0.58172    -0.56075    -0.54004    -0.46729     -0.32132    -0.076495           0          0         0         0
    cl_mt_pol_for_borr             -0.93467    0.39225    -0.41967      -2.6125         0     0.12416    0.87584           0       0.01239        0.12416     -2.6125     -2.6125      -1.045      -1.045      -1.045     -1.045      -1.045      -1.045      -1.045      -1.045      -1.045       -1.045       -1.045           0          0         0         0
    cl_mt_pol_for_save             0.046131    0.24796      5.3752            0    48.879     0.90375          0    0.096247       0.90375     2.0545e-35           0           0           0           0           0          0           0           0           0           0           0            0            0           0    0.29734    1.1215    3.3645

xxxxx fl_crra = 1.6667 xxxxx
xxxxx it_a_n = 750, it_z_n = 15 xxxxx
Elapsed time is 1.987713 seconds.
Elapsed time is 0.249127 seconds.
tb_outcomes_meansdperc: mean, sd, percentiles
                                     mean         sd       coefofvar      min        max       pYis0       pYls0      pYgr0      pYisMINY       pYisMAXY       p0_1         p1          p5         p10         p15         p20         p25          p35          p50         p65         p75          p80         p85        p90       p95       p99      p99_9 
                                   _________    _______    _________    ________    ______    ________    _______    _______    ___________    __________    ________    ________    ________    ________    ________    _______    _________    __________    ________    ________    ________    _________    _______    _______    ______    ______    ______

    cl_mt_pol_a                      -3.6312       4.64     -1.2778          -20    49.533    0.022401    0.80871    0.16888       0.004026    1.6352e-33         -20     -18.598     -13.738     -10.187     -8.1308    -6.6355      -5.6075       -4.0187     -2.3364      -1.215    -0.46729    -0.093458    0.18692    0.65421    1.5888    3.8318    6.5421
    cl_mt_pol_coh                    -2.3512     4.7545     -2.0222      -19.555    53.286           0    0.64394    0.35606     3.3459e-05    1.6352e-33     -19.213     -17.457      -12.53      -9.037     -6.9234    -5.5215      -4.4662       -2.8662     -1.1477    0.067246     0.82751       1.2088     1.6748     2.2628    3.3509    5.6873    8.6826
    cl_mt_pol_c                       1.1349    0.32951     0.29034         0.01     4.745           0          0          1      0.0039554    1.4546e-34        0.01     0.63528      0.7072     0.74889     0.78901    0.83891      0.89311       0.98254      1.0854      1.2234      1.3497       1.3944     1.4952     1.6088    1.7795    2.0342    2.2968
    cl_mt_pol_b_bridge               -3.1043     4.2897     -1.3819      -19.715         0     0.36001    0.63999          0    -2.9426e-34       0.36001     -19.415     -17.922     -12.947     -9.4081     -7.2448    -5.7809       -4.686       -2.9926      -1.201           0           0            0          0          0         0         0         0
    cl_mt_pol_inf_borr_nobridge    -0.057573    0.10906     -1.8943     -0.71644         0     0.63417    0.36583          0     2.0489e-06       0.63417    -0.56075    -0.46729    -0.28037    -0.20079    -0.16337    -0.1087    -0.076495    -0.0095156           0           0           0            0          0          0         0         0         0
    cl_mt_pol_for_borr              -0.77258    0.45876     -0.5938       -1.045         0     0.26068    0.73932          0        0.73932       0.26068      -1.045      -1.045      -1.045      -1.045      -1.045     -1.045       -1.045        -1.045      -1.045      -1.045           0            0          0          0         0         0         0
    cl_mt_pol_for_save               0.30327    0.71908      2.3711            0    49.533     0.38823          0    0.61177        0.38823    1.6352e-33           0           0           0           0           0          0            0             0    0.075489     0.19682     0.26978      0.29734    0.37383    0.65421    1.5888    3.8318    6.5421

xxxxx fl_crra = 2 xxxxx
xxxxx it_a_n = 750, it_z_n = 15 xxxxx
Elapsed time is 1.983682 seconds.
Elapsed time is 0.249235 seconds.
tb_outcomes_meansdperc: mean, sd, percentiles
                                     mean         sd       coefofvar      min        max       pYis0       pYls0      pYgr0      pYisMINY      pYisMAXY        p0_1         p1          p5         p10         p15         p20          p25           p35          p50         p65         p75        p80        p85       p90       p95       p99      p99_9 
                                   _________    _______    _________    ________    ______    ________    _______    _______    __________    ___________    ________    ________    ________    ________    ________    ________    _________    ___________    ________    ________    _______    _______    _______    ______    ______    ______    ______

    cl_mt_pol_a                      -2.4775     3.8174     -1.5408          -20    49.813    0.017573    0.74893     0.2335    0.00042498    -1.7085e-32     -19.346     -15.047     -9.8131     -7.5701     -6.1682     -5.1402      -4.2991        -2.9907     -1.6822    -0.84112          0    0.28037    0.74766    1.3084    2.4299    4.9533    8.0374
    cl_mt_pol_coh                    -1.1975     3.9608     -3.3075      -19.555    53.286           0    0.57341    0.42659    6.6235e-06    -1.7085e-32      -18.23     -13.931     -8.6632     -6.4288     -5.0183      -3.974      -3.1378        -1.8407    -0.47476     0.55171     1.3009      1.702     2.2294    2.9169     4.106    6.7736    10.086
    cl_mt_pol_c                       1.1318    0.36102     0.31899         0.01    4.4494           0          0          1    0.00049378    -1.7085e-32     0.26059     0.35701     0.53669     0.68372     0.77409     0.84181      0.89678        0.98212      1.0951      1.2594     1.3843       1.44     1.5206    1.6287    1.7515    1.9853    2.2418
    cl_mt_pol_b_bridge               -2.1925     3.3006     -1.5054      -19.913         0     0.42709    0.57291          0    5.4573e-33        0.42709     -19.019     -14.688     -9.1849     -6.8259     -5.3324     -4.2083      -3.3125        -1.9576    -0.50562           0          0          0          0         0         0         0         0
    cl_mt_pol_inf_borr_nobridge    -0.073069    0.14328     -1.9609     -0.64689         0     0.64963    0.35037          0    6.8765e-06        0.64963    -0.58937    -0.56075    -0.46729    -0.28093    -0.18692    -0.10312    -0.076495    -0.00041147           0           0          0          0          0         0         0         0         0
    cl_mt_pol_for_borr              -0.64903    0.50695    -0.78109       -1.045         0     0.37892    0.62108          0       0.62108        0.37892      -1.045      -1.045      -1.045      -1.045      -1.045      -1.045       -1.045         -1.045      -1.045           0          0          0          0         0         0         0         0
    cl_mt_pol_for_save               0.43712    0.97769      2.2367            0    49.813     0.36795          0    0.63205       0.36795    -1.7085e-32           0           0           0           0           0           0            0              0     0.09114     0.20388    0.32198    0.39079    0.74766    1.3084    2.4299    4.9533    8.0374


ans = 

  Map with properties:

        Count: 22
      KeyType: char
    ValueType: any

Simulate Model with Discount Medium

param_map('fl_beta') = ar_fl_beta(2);
fsi_abz_fibs_ds_vecsv_testmain(param_map, support_map, ar_it_test_grp)
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xxx Preference xxxxxx
fl_beta = 0.96
fl_crra = 1.5
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xxx shocks xxxxxx
fl_z_rho = 0.8
fl_z_sig = 0.2
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xxx Boolean Controls xxxxxx
bl_default = 1
bl_bridge = 1
bl_rollover = 1
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xxx Float Controls xxxxxxxx
fl_default_aprime = 0
fl_b_bd = -20
fl_c_min = 0.01
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xxx Interest Rates xxxxxxxx
fl_r_fsv = 0.02
fl_r_inf = 0.065
fl_r_inf_bridge = 0.065
fl_r_fbr = 0.045
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xxx Formal Menu Params xxxx
st_forbrblk_type = seg3
fl_forbrblk_brmost = -19
fl_forbrblk_brleast = -1
fl_forbrblk_gap = -1.5
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ar_fl_crra = 1      1.3333      1.6667           2
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Vary Risk Aversion
ar_fl_crra = 1      1.3333      1.6667           2
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xxxxx fl_crra = 1 xxxxx
xxxxx it_a_n = 750, it_z_n = 15 xxxxx
Elapsed time is 1.863370 seconds.
Elapsed time is 0.261079 seconds.
tb_outcomes_meansdperc: mean, sd, percentiles
                                     mean         sd       coefofvar      min        max       pYis0      pYls0       pYgr0        pYisMINY      pYisMAXY        p0_1         p1          p5         p10         p15         p20          p25         p35        p50         p65        p75        p80         p85          p90        p95        p99       p99_9 
                                   _________    _______    _________    ________    ______    _______    _______    __________    __________    ___________    ________    ________    ________    ________    ________    ________    _________    _______    ________    _______    _______    _______    __________    _______    _______    _______    _______

    cl_mt_pol_a                       -9.157     6.6386    -0.72497          -20    48.692    0.13554    0.86446    1.1065e-33       0.13554    -1.0736e-35         -20         -20         -20         -20     -16.542     -15.981      -15.514     -12.15     -8.5981    -5.4206    -2.7103    -2.5234       -1.6822          0          0          0          0
    cl_mt_pol_coh                     -7.877     6.6718      -0.847      -19.555    53.286          0    0.85052       0.14948    0.00045442    -1.0736e-35     -19.487     -19.317     -18.952     -18.606     -15.336     -14.775      -14.212    -10.942     -7.3894    -4.1183    -1.7359     -1.129    -0.0090382     1.0479     1.3944     1.8555     2.7549
    cl_mt_pol_c                       3.3208     1.3461     0.40536         0.01    6.2432          0          0             1       0.13554     5.5406e-09        0.01        0.01        0.01        0.01      3.3143      3.5001       3.5519     3.6238      3.7232     3.8388     3.9511     4.0003        4.0683     4.2356     4.4545     4.9192     5.3444
    cl_mt_pol_b_bridge               -5.8692     5.6521      -0.963      -18.637         0    0.28502    0.71498             0    2.4091e-20        0.28502     -16.878     -16.402     -15.904     -15.336     -12.768     -11.872      -10.958    -8.0687     -4.5851    -1.4014          0          0             0          0          0          0          0
    cl_mt_pol_inf_borr_nobridge    -0.083699    0.19044     -2.2753     -0.88618         0    0.71464    0.28536             0    0.00037594        0.71464    -0.88214    -0.78407    -0.62451    -0.35924    -0.21448    -0.09778    -0.012487          0           0          0          0          0             0          0          0          0          0
    cl_mt_pol_for_borr               -3.3538     1.4973    -0.44646      -5.7475         0    0.13584    0.86416             0       0.01243        0.13584     -5.7475     -5.7475       -4.18       -4.18       -4.18       -4.18        -4.18      -4.18       -4.18      -4.18    -2.6125    -2.6125        -1.045          0          0          0          0
    cl_mt_pol_for_save               0.14964    0.17269       1.154            0    48.692     0.4209          0        0.5791        0.4209    -1.0736e-35           0           0           0           0           0           0            0          0    0.071504    0.22711    0.27723    0.31579       0.35515    0.40492    0.46297    0.59237    0.66058

xxxxx fl_crra = 1.3333 xxxxx
xxxxx it_a_n = 750, it_z_n = 15 xxxxx
Elapsed time is 2.027789 seconds.
Elapsed time is 0.318874 seconds.
tb_outcomes_meansdperc: mean, sd, percentiles
                                     mean        sd       coefofvar      min        max       pYis0       pYls0      pYgr0      pYisMINY      pYisMAXY       p0_1         p1          p5         p10         p15         p20         p25         p35          p50          p65         p75         p80        p85       p90       p95       p99      p99_9 
                                   ________    _______    _________    ________    ______    ________    _______    _______    __________    __________    ________    ________    ________    ________    ________    ________    ________    ________    __________    ________    ________    _______    _______    ______    ______    ______    ______

    cl_mt_pol_a                     -3.4379     5.7434     -1.6706          -20        50    0.044143    0.70167    0.25419      0.020261    8.8701e-30         -20         -20     -16.262     -12.804     -9.9065     -7.5701     -5.7009     -3.1776       -1.3084    -0.37383    0.093458    0.37383    0.93458    1.5888    2.8037    5.7009    9.3458
    cl_mt_pol_coh                   -2.1579     5.8545      -2.713      -19.555    53.286           0    0.52392    0.47608     0.0001021    1.6066e-29     -19.317     -18.952     -15.154     -11.615     -8.7453     -6.4176     -4.5597     -2.0697      -0.19309      0.8809      1.4891     1.8889     2.4224    3.1714    4.5057    7.4914    11.299
    cl_mt_pol_c                      1.4445    0.29349     0.20317         0.01    4.2662           0          0          1       0.02022    1.6066e-29        0.01        0.01      1.2171      1.2412      1.2563      1.2737      1.2908      1.3365        1.4128      1.5261      1.6116     1.6431     1.6925    1.7416     1.857    2.1112    2.4634
    cl_mt_pol_b_bridge              -2.9705     4.7788     -1.6087      -19.433         0      0.4963     0.5037          0    3.4872e-12        0.4963     -18.564     -18.022     -14.511     -11.063     -8.2401     -5.9785     -4.1883     -1.8195    -0.0079528           0           0          0          0         0         0         0         0
    cl_mt_pol_inf_borr_nobridge    -0.25308    0.25702     -1.0156     -0.88643         0     0.40014    0.59986          0    0.00021573       0.40014    -0.88036    -0.81762    -0.72634    -0.65484    -0.58101    -0.51227    -0.45484    -0.33129      -0.23957           0           0          0          0         0         0         0         0
    cl_mt_pol_for_borr             -0.68217    0.59997     -0.8795      -2.6125         0     0.38839    0.61161          0      0.027462       0.38839     -2.6125     -2.6125      -1.045      -1.045      -1.045      -1.045      -1.045      -1.045        -1.045           0           0          0          0         0         0         0         0
    cl_mt_pol_for_save              0.46785     1.1476      2.4528            0        50       0.644          0      0.356         0.644    8.8701e-30           0           0           0           0           0           0           0           0             0    0.016963     0.29734    0.52643    0.93458    1.5888    2.8037    5.7009    9.3458

xxxxx fl_crra = 1.6667 xxxxx
xxxxx it_a_n = 750, it_z_n = 15 xxxxx
Elapsed time is 2.535621 seconds.
Elapsed time is 0.217897 seconds.
tb_outcomes_meansdperc: mean, sd, percentiles
                                     mean         sd       coefofvar      min        max       pYis0       pYls0      pYgr0      pYisMINY      pYisMAXY       p0_1         p1          p5          p10         p15         p20         p25         p35         p50       p65       p75       p80       p85       p90       p95       p99      p99_9 
                                   _________    _______    _________    ________    ______    ________    _______    _______    __________    __________    ________    ________    ________    _________    ________    ________    ________    ________    _______    ______    ______    ______    ______    ______    ______    ______    ______

    cl_mt_pol_a                      0.62686     2.8133      4.4879          -20        50    0.023878    0.40031    0.57581    0.00016276    9.1164e-22     -15.421     -6.3551     -3.3645       -2.243     -1.5888      -1.215    -0.93458    -0.28037    0.37383     1.215    1.9626    2.4299    3.0841    4.0187     5.514     8.785    12.897
    cl_mt_pol_coh                     1.9069     3.0022      1.5744      -19.555    53.286           0    0.22079    0.77921    1.3495e-06    1.9645e-22     -14.279     -5.2987     -2.3166      -1.2211    -0.58696    -0.14714     0.18074     0.83494     1.6286    2.5432    3.3843    3.9191    4.6593    5.5939    7.1827    10.547    14.759
    cl_mt_pol_c                       1.2705    0.29984       0.236         0.01    4.2662           0          0          1    0.00016153    1.9645e-22     0.60801     0.67181     0.79919      0.88453     0.93218     0.99708      1.0561      1.1299     1.2549    1.4182     1.489    1.5478    1.5829    1.6656    1.7713    1.9598    2.1892
    cl_mt_pol_b_bridge              -0.38898     1.2345     -3.1736      -19.632         0     0.77937    0.22063          0    3.6152e-09       0.77937     -14.538     -5.5979     -2.4581      -1.3005    -0.62127     -0.1567           0           0          0         0         0         0         0         0         0         0         0
    cl_mt_pol_inf_borr_nobridge    -0.032147     0.1028     -3.1978     -0.87306         0     0.86151    0.13849          0    3.1206e-07       0.86151    -0.56075    -0.56075    -0.28037    -0.093458           0           0           0           0          0         0         0         0         0         0         0         0         0
    cl_mt_pol_for_borr              -0.31483    0.47946     -1.5229      -2.6125         0     0.69873    0.30127          0    2.0207e-07       0.69873      -1.045      -1.045      -1.045       -1.045      -1.045      -1.045      -1.045           0          0         0         0         0         0         0         0         0         0
    cl_mt_pol_for_save                1.3628      1.965      1.4418            0        50     0.16237          0    0.83763       0.16237    9.1164e-22           0           0           0            0           0    0.038374    0.093458     0.18692    0.39079     1.215    1.9626    2.4299    3.0841    4.0187     5.514     8.785    12.897

xxxxx fl_crra = 2 xxxxx
xxxxx it_a_n = 750, it_z_n = 15 xxxxx
Elapsed time is 2.669345 seconds.
Elapsed time is 0.138279 seconds.
tb_outcomes_meansdperc: mean, sd, percentiles
                                     mean         sd       coefofvar      min        max       pYis0       pYls0      pYgr0      pYisMINY      pYisMAXY       p0_1         p1          p5          p10          p15         p20         p25          p35         p50       p65       p75       p80       p85       p90       p95       p99      p99_9 
                                   _________    _______    _________    ________    ______    ________    _______    _______    __________    __________    ________    ________    ________    _________    _________    ________    ________    _________    _______    ______    ______    ______    ______    ______    ______    ______    ______

    cl_mt_pol_a                        1.077     3.0423      2.8249          -20        50    0.024515    0.35117    0.62432    9.7382e-06    6.5964e-17     -10.093     -5.8879     -3.1776      -2.1495      -1.4953      -1.028    -0.74766    -0.093458    0.65421    1.6822    2.6168    3.1776    3.9252    4.9533    6.5421    10.187    14.766
    cl_mt_pol_coh                      2.357     3.2256      1.3685      -19.555    53.286           0     0.1994     0.8006    1.4376e-07    1.0136e-17     -9.0916     -4.9135      -2.212      -1.1017     -0.43888    0.019748     0.36765       1.0953     1.9564    3.0304    4.0112    4.5993    5.4115    6.4683    8.2107    11.908    16.626
    cl_mt_pol_c                       1.2794    0.29457     0.23025         0.01    4.2662           0          0          1    1.0255e-05    1.0136e-17     0.40893     0.63595     0.81349      0.89687      0.94847      1.0286      1.0697       1.1486     1.3046    1.4237    1.4711    1.5404    1.5842    1.6576    1.7623    1.9563    2.1643
    cl_mt_pol_b_bridge              -0.34336     1.0568     -3.0779      -19.815         0     0.80061    0.19939          0    7.6552e-07       0.80061     -9.6613     -5.2329     -2.3558      -1.1733      -0.4674           0           0            0          0         0         0         0         0         0         0         0         0
    cl_mt_pol_inf_borr_nobridge    -0.030579    0.10361     -3.3885     -0.59111         0     0.87735    0.12265          0    6.5023e-06       0.87735    -0.56274    -0.56075    -0.28037    -0.063842            0           0           0            0          0         0         0         0         0         0         0         0         0
    cl_mt_pol_for_borr              -0.27576    0.46057     -1.6702       -1.045         0     0.73611    0.26389          0       0.26389       0.73611      -1.045      -1.045      -1.045       -1.045       -1.045      -1.045      -1.045            0          0         0         0         0         0         0         0         0         0
    cl_mt_pol_for_save                1.7267     2.3276      1.3481            0        50     0.14716          0    0.85284       0.14716    6.5964e-17           0           0           0            0    0.0029806    0.069177     0.11042       0.2089    0.65421    1.6822    2.6168    3.1776    3.9252    4.9533    6.5421    10.187    14.766


ans = 

  Map with properties:

        Count: 22
      KeyType: char
    ValueType: any

Simulate Model with Discount High

param_map('fl_beta') = ar_fl_beta(3);
fsi_abz_fibs_ds_vecsv_testmain(param_map, support_map, ar_it_test_grp)
xxxxxxxxxxxxxxxxxxxxxxxxxxx
xxx Preference xxxxxx
fl_beta = 0.98
fl_crra = 1.5
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xxx shocks xxxxxx
fl_z_rho = 0.8
fl_z_sig = 0.2
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xxx Boolean Controls xxxxxx
bl_default = 1
bl_bridge = 1
bl_rollover = 1
xxxxxxxxxxxxxxxxxxxxxxxxxxx
xxx Float Controls xxxxxxxx
fl_default_aprime = 0
fl_b_bd = -20
fl_c_min = 0.01
xxxxxxxxxxxxxxxxxxxxxxxxxxx
xxx Interest Rates xxxxxxxx
fl_r_fsv = 0.02
fl_r_inf = 0.065
fl_r_inf_bridge = 0.065
fl_r_fbr = 0.045
xxxxxxxxxxxxxxxxxxxxxxxxxxx
xxx Formal Menu Params xxxx
st_forbrblk_type = seg3
fl_forbrblk_brmost = -19
fl_forbrblk_brleast = -1
fl_forbrblk_gap = -1.5
xxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxx
ar_fl_crra = 1      1.3333      1.6667           2
xxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxx
---------------------------
---------------------------
---------------------------
---------------------------
xxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxx
Vary Risk Aversion
ar_fl_crra = 1      1.3333      1.6667           2
xxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxx fl_crra = 1 xxxxx
xxxxx it_a_n = 750, it_z_n = 15 xxxxx
Elapsed time is 2.199514 seconds.
Warning: The shifted operator is close to singular or badly scaled. RCOND =
9.632983e-17. Consider using a different value for sigma. 
Elapsed time is 0.723012 seconds.
tb_outcomes_meansdperc: mean, sd, percentiles
                                    mean        sd       coefofvar      min        max       pYis0      pYls0       pYgr0        pYisMINY      pYisMAXY       p0_1         p1          p5         p10         p15         p20          p25         p35        p50         p65        p75        p80         p85        p90        p95        p99       p99_9 
                                   _______    _______    _________    ________    ______    _______    _______    __________    __________    __________    ________    ________    ________    ________    ________    ________    _________    _______    ________    _______    _______    ________    _______    _______    _______    _______    _______

    cl_mt_pol_a                     -8.887     6.6391    -0.74706          -20        50    0.13387    0.86576    0.00037801       0.13371    3.7515e-34         -20         -20         -20         -20     -16.262     -15.794      -15.234    -11.869     -8.3178    -5.0467    -2.6168     -2.3364    -1.4019          0          0          0          0
    cl_mt_pol_coh                   -7.607     6.6807    -0.87824      -19.555    53.286          0    0.84326       0.15674    0.00045132    8.1754e-35     -19.487     -19.317     -18.952     -18.606     -15.112     -14.586      -13.931    -10.626     -7.0155    -3.7458     -1.569    -0.94205    0.36479     1.0479     1.3944     1.8555     2.8484
    cl_mt_pol_c                     3.3017     1.3507     0.40909         0.01     6.532          0          0             1       0.13371     8.008e-09        0.01        0.01        0.01        0.01      3.1792      3.3691       3.4381     3.5204       3.654     3.8404     3.9802      4.0262     4.1491     4.3423     4.5743     5.1144      5.598
    cl_mt_pol_b_bridge             -5.6246      5.556     -0.9878      -18.537         0    0.29044    0.70956             0    5.8983e-23       0.29044     -16.629     -16.203     -15.705     -15.136     -12.349     -11.552      -10.617    -7.7424     -4.2588    -1.2023          0           0          0          0          0          0          0
    cl_mt_pol_inf_borr_nobridge    -0.0961    0.20393      -2.122     -0.88618         0    0.69782    0.30218             0      0.000186       0.69782    -0.88351    -0.80544    -0.63724    -0.41354    -0.28262    -0.12923    -0.030711          0           0          0          0           0          0          0          0          0          0
    cl_mt_pol_for_borr             -3.3352     1.5379    -0.46112       -7.315         0    0.13529    0.86471             0    2.2743e-06       0.13529     -5.7475     -5.7475       -4.18       -4.18       -4.18       -4.18        -4.18      -4.18       -4.18      -4.18    -2.6125     -2.6125     -1.045          0          0          0          0
    cl_mt_pol_for_save             0.16894    0.19501      1.1543            0        50    0.43605          0       0.56395       0.43605    3.7515e-34           0           0           0           0           0           0            0          0    0.059355    0.26399    0.34355     0.39343    0.43038    0.46297    0.51693    0.60727    0.65637

xxxxx fl_crra = 1.3333 xxxxx
xxxxx it_a_n = 750, it_z_n = 15 xxxxx
Elapsed time is 5.463639 seconds.
Elapsed time is 0.309793 seconds.
tb_outcomes_meansdperc: mean, sd, percentiles
                                      mean          sd       coefofvar      min        max        pYis0        pYls0       pYgr0      pYisMINY       pYisMAXY        p0_1         p1          p5       p10       p15       p20       p25       p35       p50       p65       p75       p80       p85       p90       p95       p99      p99_9 
                                   __________    ________    _________    ________    ______    _________    _________    _______    ___________    ___________    ________    _________    ______    ______    ______    ______    ______    ______    ______    ______    ______    ______    ______    ______    ______    ______    ______

    cl_mt_pol_a                        22.397      13.318     0.59466          -20        50    0.0022538     0.010325    0.98742     0.00019007      0.0035248     -10.654    -0.093458    2.5234    5.2336    7.4766    9.3458    11.215    15.234    21.589    28.224    32.897    35.421    38.224    41.402    45.047    49.159        50
    cl_mt_pol_coh                      23.677      13.376     0.56494      -19.555    53.286            0    0.0057146    0.99429     1.0145e-06     0.00010229     -9.4467      0.81491    3.6647    6.4224    8.6841    10.641    12.516    16.516    22.871    29.525    34.225    36.715    39.525     42.73      46.4    50.674    52.189
    cl_mt_pol_c                        1.7215     0.32579     0.18925         0.01    5.2416            0            0          1     0.00019007    -3.6115e-35     0.89696       1.0018    1.2379    1.3117    1.3682    1.4365    1.5038    1.5848    1.7107    1.8431    1.9436    2.0046    2.0654    2.1308    2.2504    2.4735    3.1727
    cl_mt_pol_b_bridge               -0.02206     0.47012     -21.311       -19.36         0      0.99448    0.0055245          0    -1.1858e-36        0.99448     -8.5678            0         0         0         0         0         0         0         0         0         0         0         0         0         0         0         0
    cl_mt_pol_inf_borr_nobridge    -0.0017788    0.029446     -16.554     -0.88733         0       0.9948    0.0052023          0     2.6104e-06         0.9948    -0.56075            0         0         0         0         0         0         0         0         0         0         0         0         0         0         0         0
    cl_mt_pol_for_borr             -0.0091594     0.11723     -12.799      -5.7475         0      0.99279     0.007213          0     1.8733e-11        0.99279     -2.6125            0         0         0         0         0         0         0         0         0         0         0         0         0         0         0         0
    cl_mt_pol_for_save                  22.43      13.251     0.59076            0        50     0.007456            0    0.99254       0.007456      0.0035248           0     0.093458    2.5234    5.2336    7.4766    9.3458    11.215    15.234    21.589    28.224    32.897    35.421    38.224    41.402    45.047    49.159        50

xxxxx fl_crra = 1.6667 xxxxx
xxxxx it_a_n = 750, it_z_n = 15 xxxxx
Elapsed time is 5.996828 seconds.
Elapsed time is 0.189056 seconds.
tb_outcomes_meansdperc: mean, sd, percentiles
                                      mean           sd       coefofvar      min        max        pYis0        pYls0       pYgr0      pYisMINY      pYisMAXY       p0_1        p1         p5       p10       p15       p20       p25       p35       p50       p65       p75       p80       p85       p90       p95       p99      p99_9 
                                   ___________    ________    _________    ________    ______    _________    _________    _______    __________    __________    ________    _______    ______    ______    ______    ______    ______    ______    ______    ______    ______    ______    ______    ______    ______    ______    ______

    cl_mt_pol_a                         24.071      13.233     0.54974          -20        50    0.0011921     0.004768    0.99404    1.1019e-08      0.004614      -1.215    0.46729    3.6449    6.6355    9.0654    11.121    12.991    17.009    23.458    30.187     34.86     37.29    39.813     42.71    45.981    49.533        50
    cl_mt_pol_coh                       25.351       13.29     0.52425      -19.555    53.286            0    0.0015497    0.99845     9.312e-11    0.00013097    -0.33405     1.5263    4.7948    7.8443    10.274    12.356    14.293    18.312     24.76    31.489    36.162    38.591    41.115    44.039    47.357    51.021    52.469
    cl_mt_pol_c                         1.7518     0.32789     0.18717         0.01    4.2662            0            0          1    1.0973e-08    0.00013097     0.79884     1.0237    1.2602    1.3389    1.3975    1.4616    1.5294    1.6195    1.7458    1.8782    1.9729    2.0284     2.094    2.1563     2.274    2.5272    3.4496
    cl_mt_pol_b_bridge              -0.0011188    0.039625     -35.416      -19.532         0      0.99845    0.0015497          0     1.827e-16       0.99845    -0.35576          0         0         0         0         0         0         0         0         0         0         0         0         0         0         0         0
    cl_mt_pol_inf_borr_nobridge    -0.00070985    0.016211     -22.837     -0.88241         0      0.99749    0.0025084          0    1.9819e-11       0.99749    -0.28037          0         0         0         0         0         0         0         0         0         0         0         0         0         0         0         0
    cl_mt_pol_for_borr              -0.0023646    0.049653     -20.998      -2.6125         0      0.99774    0.0022628          0    1.3403e-09       0.99774      -1.045          0         0         0         0         0         0         0         0         0         0         0         0         0         0         0         0
    cl_mt_pol_for_save                  24.075      13.225     0.54932            0        50    0.0037005            0     0.9963     0.0037005      0.004614           0    0.46729    3.6449    6.6355    9.0654    11.121    12.991    17.009    23.458    30.187     34.86     37.29    39.813     42.71    45.981    49.533        50

xxxxx fl_crra = 2 xxxxx
xxxxx it_a_n = 750, it_z_n = 15 xxxxx
Elapsed time is 5.282355 seconds.
Elapsed time is 0.167088 seconds.
tb_outcomes_meansdperc: mean, sd, percentiles
                                      mean          sd       coefofvar      min        max        pYis0         pYls0       pYgr0      pYisMINY      pYisMAXY       p0_1        p1         p5       p10       p15       p20       p25       p35       p50       p65       p75       p80       p85       p90       p95       p99      p99_9 
                                   __________    ________    _________    ________    ______    __________    _________    _______    __________    __________    ________    _______    ______    ______    ______    ______    ______    ______    ______    ______    ______    ______    ______    ______    ______    ______    ______

    cl_mt_pol_a                        25.191      13.156     0.52225          -20        50    0.00099813     0.004167    0.99483    6.8058e-10     0.0058074      -1.215    0.74766    4.2991    7.6636     10.28     12.43    14.486    18.411    24.766    31.495    36.075    38.411    40.841    43.551    46.542     49.72        50
    cl_mt_pol_coh                      26.471      13.214     0.49918      -19.555    53.286             0     0.001472    0.99853    1.0585e-11    0.00015481    -0.33405     1.7695    5.5338    8.8983    11.489    13.712    15.721    19.706    26.067     32.73     37.33    39.712    42.136    44.854    47.936    51.207    52.469
    cl_mt_pol_c                        1.7738     0.32734     0.18454         0.01    4.2662             0            0          1    7.2087e-10    0.00015481     0.82218     1.0677    1.2766    1.3594    1.4215     1.484     1.541    1.6467    1.7715     1.902    1.9936    2.0447    2.1091    2.1727    2.2868    2.5446    3.4496
    cl_mt_pol_b_bridge             -0.0012924    0.047539     -36.785      -19.715         0       0.99853     0.001472          0    3.3184e-34       0.99853    -0.35576          0         0         0         0         0         0         0         0         0         0         0         0         0         0         0         0
    cl_mt_pol_inf_borr_nobridge    -0.0005996    0.014967     -24.961     -0.61691         0       0.99791    0.0020892          0    8.2286e-13       0.99791    -0.28037          0         0         0         0         0         0         0         0         0         0         0         0         0         0         0         0
    cl_mt_pol_for_borr             -0.0021767    0.047644     -21.888       -1.045         0       0.99792     0.002083          0      0.002083       0.99792      -1.045          0         0         0         0         0         0         0         0         0         0         0         0         0         0         0         0
    cl_mt_pol_for_save                 25.195      13.148     0.52185            0        50     0.0030874            0    0.99691     0.0030874     0.0058074           0    0.74766    4.2991    7.6636     10.28     12.43    14.486    18.411    24.766    31.495    36.075    38.411    40.841    43.551    46.542     49.72        50


ans = 

  Map with properties:

        Count: 22
      KeyType: char
    ValueType: any