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Commits on Jul 6, 2026
Move model to code/global/; document five standalone-model fixes in STATE.md
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Commits on Jul 9, 2026
Add Bocola risk channel, test suite, and model refinements
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Fixing the steady state block of the model - comments, small fixes, improvements in clarity
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Steady State shenanigans - plots, improved calibration, clearer output
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Commits on Jul 10, 2026
Verifying the no-risk calculation of transition
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Commits on Jul 14, 2026
Model refinements; run TFP shock only in main
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Commits on Jul 15, 2026
Fix sovereign-risk pass-through: correct sign + Greek-scale calibration
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Default branch: one deterministic haircut (no per-run ladder search)
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Commits on Jul 16, 2026
Simplify code/global comments; fix zero-shock branch guard
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Add pin_rdep diagnostic: fix deposit rates, drop deposit clearing
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Commits on Jul 17, 2026
Bocola-faithful trim: exogenous π, occasionally-binding μ, pure-haircut branch
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Predetermined capital (Bocola eq. 6): K bought at t produces at t+1
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Commits on Jul 18, 2026
Union deposit market via deposit-UIP (real-rate parity)
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Regenerate headline figures under predetermined K + union deposit market
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Commits on Jul 22, 2026
Clarity cleanup: one-line caps comments, extract prints.py, drop dead flags
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Commits on Jul 24, 2026
Add Bocola (2016) global-solution replication package; make risk channel opt-in
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Commits on Aug 8, 2026
Recursive global solution (Smolyak + two-branch quadrature); Bocola calibration fixes
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Bocola replication: decorrelated grid + Newton/FB collocation solver
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