Market side aggregation.
aggregate_demand(fit, model, parameters)
# S4 method for missing,market_model,ANY
aggregate_demand(model, parameters)
aggregate_supply(fit, model, parameters)
# S4 method for missing,market_model,ANY
aggregate_supply(model, parameters)
# S4 method for market_fit,missing,missing
aggregate_demand(fit)
# S4 method for market_fit,missing,missing
aggregate_supply(fit)A fitted market model object.
A model object.
A vector of model's parameters.
The sum of the estimated demanded or supplied quantities evaluated at the given parameters.
Calculates the sample's aggregate demand or supply using the estimated coefficients of a fitted model. Alternatively, the function calculates aggregates using a model and a set of parameters passed separately. If the model's data have multiple distinct subjects at each date, aggregation is calculated over subjects per unique date. If the model has time series data, namely a single subject per time point, aggregation is ululated over all time pints.
aggregate_demand: Demand aggregation.
aggregate_supply: Supply aggregation.
demanded_quantities, supplied_quantities
# \donttest{
fit <- diseq_basic(
HS | RM | ID | TREND ~
RM + TREND + W + CSHS + L1RM + L2RM + MONTH |
RM + TREND + W + L1RM + MA6DSF + MA3DHF + MONTH,
fair_houses(),
correlated_shocks = FALSE
)
# get estimated aggregate demand
aggregate_demand(fit)
#> [1] 45526.5
# simulate the deterministic adjustment model
model <- simulate_model(
"diseq_deterministic_adjustment", list(
# observed entities, observed time points
nobs = 500, tobs = 3,
# demand coefficients
alpha_d = -0.6, beta_d0 = 9.8, beta_d = c(0.3, -0.2), eta_d = c(0.6, -0.1),
# supply coefficients
alpha_s = 0.2, beta_s0 = 4.1, beta_s = c(0.9), eta_s = c(-0.5, 0.2),
# price equation coefficients
gamma = 0.9
),
seed = 1356
)
# estimate the model object
fit <- estimate(model)
# get estimated aggregate demand
aggregate_demand(fit)
#> # A tibble: 2 × 2
#> date D_Q
#> <fct> <dbl>
#> 1 2 3380.
#> 2 3 3077.
# get estimated aggregate demand
aggregate_supply(fit)
#> # A tibble: 2 × 2
#> date S_Q
#> <fct> <dbl>
#> 1 2 2562.
#> 2 3 2645.
# }