Preferences

$\beta =0.99$

Production

$\alpha =0.36$

Capital Accumulation

$\delta =0.025$

$\varphi =\left\{\mathrm{0.5,2.0,10.0}\right\}$

Schock Process

$\rho =\left\{\mathrm{0.8,0.95}\right\}$

$\sigma =\left\{\mathrm{0.001,0.01}\right\}$