The DEMAND sector

The variables

Vensim name Name Used variables Used parameters Variables using it Initial value Equation
Bank Cash Inflow from Lending GDollar/y BCIL CFWB CFGB BCISNI \(\mathtt{BCIL}\left(t\right)=\mathtt{CFGB}\left(t\right)+\mathtt{CFWB}\left(t\right)\)
Bank Cash Inflow as Share of NI (1) BCISNI NI BCIL \(\mathtt{BCISNI}\left(t\right)=\frac{\mathtt{BCIL}\left(t\right)}{\mathtt{NI}\left(t\right)}\)
Basic Income Tax Rate Owners (1) BITRO ITRO1980 GITRO ITRO2022 ITO \(\mathtt{BITRO}\left(t\right)=\mathtt{min}\left(1,\mathtt{ITRO1980}\right)+\mathtt{ramp}\left(t,\frac{1}{78}\cdot\left(\mathtt{GITRO}-\mathtt{ITRO2022}\right),2000,2100\right)+\mathtt{ramp}\left(t,\frac{1}{42}\cdot\left(\mathtt{ITRO2022}-\mathtt{ITRO1980}\right),2000,2000\right)\)
CANCellation of Debt GDollar/y CANCD GD FGDC2022 GD \(\mathtt{CANCD}\left(t\right)=\mathtt{FGDC2022}\cdot\mathtt{pulse}\left(t,2000,1\right)\cdot\mathtt{GD}\left(t\right)\)
Consumption Demand GDollar/y CD STO STW OC WCD CPP CSGDP \(\mathtt{CD}\left(t\right)=-\mathtt{STO}\left(t\right)-\mathtt{STW}\left(t\right)+\mathtt{OC}\left(t\right)+\mathtt{WCD}\left(t\right)\)
Cash Flow from Govmnt to Banks GDollar/y CFGB GND GIC GP BCIL GCIN \(\mathtt{CFGB}\left(t\right)=-\mathtt{GND}\left(t\right)+\mathtt{GIC}\left(t\right)+\mathtt{GP}\left(t\right)\)
Cash Flow from Workers to Banks GDollar/y CFWB WIC WND WP BCIL WCIN WFCSI \(\mathtt{CFWB}\left(t\right)=-\mathtt{WND}\left(t\right)+\mathtt{WIC}\left(t\right)+\mathtt{WP}\left(t\right)\)
CONTRol: (C+G+S)/NI = 1 CONTR CSGDP GSGDP SSGDP \(\mathtt{CONTR}\left(t\right)=\mathtt{CSGDP}\left(t\right)+\mathtt{GSGDP}\left(t\right)+\mathtt{SSGDP}\left(t\right)\)
Consumption Per Person GDollar/y CPP POP CD \(\mathtt{CPP}\left(t\right)=\frac{\mathtt{CD}\left(t\right)}{\mathtt{POP}\left(t\right)}\)
Consumption Share of GDP (1) CSGDP CD NI CONTR \(\mathtt{CSGDP}\left(t\right)=\frac{\mathtt{CD}\left(t\right)}{\mathtt{NI}\left(t\right)}\)
Extra General Tax From 2022 Gdollar/y EGTF2022 NI EETF2022 EGTRF2022 EPTF2022 GETF2022 \(\mathtt{EGTF2022}\left(t\right)=\mathtt{ifelse}\left(\left(t>2000\right),\mathtt{EETF2022}+\mathtt{EGTRF2022}+\mathtt{EPTF2022},0\right)\cdot\mathtt{NI}\left(t\right)\)
Extra Taxes From 2022 GDollar/y ETF2022 ETF2022 GETF2022 TINT ETF2022 OT WT 0.0 \(\frac{\mathrm{d}\mathtt{ETF2022}\left(t\right)}{\mathrm{d}t}=\frac{-\mathtt{ETF2022}\left(t\right)+\mathtt{GETF2022}\left(t\right)}{\mathtt{TINT}}\)
Extra Taxes for TAs From 2022 GDollar/y ETTAF2022 ECTAF2022 FETACPET GETF2022 \(\mathtt{ETTAF2022}\left(t\right)=\mathtt{ifelse}\left(\left(t>2000\right),\mathtt{FETACPET}\cdot\mathtt{ECTAF2022}\left(t\right),0\right)\)
Fraction of Govmnt Budget to Workers (1) FGBW FGBW GFGBW TINT FGBW TP 0.3 \(\frac{\mathrm{d}\mathtt{FGBW}\left(t\right)}{\mathrm{d}t}=\frac{-\mathtt{FGBW}\left(t\right)+\mathtt{GFGBW}\left(t\right)}{\mathtt{TINT}}\)
Govmnt Cash INflow GDollar/y GCIN CFGB GNI PGCIN TPP \(\mathtt{GCIN}\left(t\right)=-\mathtt{CFGB}\left(t\right)+\mathtt{GNI}\left(t\right)\)
Govmnt Debt Gdollar GD GND CANCD GP CANCD GDB GIC GND GP 17975.68 \(\frac{\mathrm{d}\mathtt{GD}\left(t\right)}{\mathrm{d}t}=-\mathtt{CANCD}\left(t\right)-\mathtt{GP}\left(t\right)+\mathtt{GND}\left(t\right)\)
Govmnt Debt Burden y GDB GD NI \(\mathtt{GDB}\left(t\right)=\frac{\mathtt{GD}\left(t\right)}{\mathtt{NI}\left(t\right)}\)
Goal for Extra Taxes From 2022 GDollar/y GETF2022 ETTAF2022 EGTF2022 ETF2022 \(\mathtt{GETF2022}\left(t\right)=\mathtt{EGTF2022}\left(t\right)+\mathtt{ETTAF2022}\left(t\right)\)
Goal for Fraction of Govmnt Budget to Workers (1) GFGBW ETGBW FT1980 FGBW \(\mathtt{GFGBW}\left(t\right)=\mathtt{FT1980}+\mathtt{ifelse}\left(\left(t>2000\right),\mathtt{ETGBW},0\right)\)
Govmnt Finance as Share of NI (1) GFSNI GIC GP NI \(\mathtt{GFSNI}\left(t\right)=\frac{\mathtt{GIC}\left(t\right)+\mathtt{GP}\left(t\right)}{\mathtt{NI}\left(t\right)}\)
Govmnt Gross Income GDollar/y GGI OT IC2022 STO STW WT GGIS \(\mathtt{GGI}\left(t\right)=\mathtt{IC2022}\left(t\right)+\mathtt{OT}\left(t\right)+\mathtt{STO}\left(t\right)+\mathtt{STW}\left(t\right)+\mathtt{WT}\left(t\right)\)
Govmnt Gross Income (as Share of NI) GGIS GGI NI \(\mathtt{GGIS}\left(t\right)=\frac{\mathtt{GGI}\left(t\right)}{\mathtt{NI}\left(t\right)}\)
Govmnt Interest Cost GDollar/y GIC GD GBC CFGB GFSNI \(\mathtt{GIC}\left(t\right)=\mathtt{GBC}\left(t\right)\cdot\mathtt{GD}\left(t\right)\)
Govmnt Investment in Public Capacity GDollar/y GIPC PGCIN GPU GS CIPUS ISGDP \(\mathtt{GIPC}\left(t\right)=-\mathtt{GPU}\left(t\right)+\mathtt{PGCIN}\left(t\right)\)
Govmnt New Debt GDollar/y GND NI GD MGD GDDP GSF2022 GD CFGB \(\mathtt{GND}\left(t\right)=\mathtt{ifelse}\left(\left(t\geq2000\right),\mathtt{GSF2022},0\right)\cdot\mathtt{NI}\left(t\right)+\mathtt{max}\left(0,\frac{-\mathtt{GD}\left(t\right)+\mathtt{MGD}\left(t\right)}{\mathtt{GDDP}}\right)\)
Govmnt Net Income GDollar/y GNI TP OT IC2022 ST STO STW WT GCIN GNISNI 6531.07 \(\mathtt{GNI}\left(t\right)=-\mathtt{TP}\left(t\right)+\mathtt{IC2022}\left(t\right)+\mathtt{OT}\left(t\right)+\mathtt{ST}\left(t\right)+\mathtt{STO}\left(t\right)+\mathtt{STW}\left(t\right)+\mathtt{WT}\left(t\right)\)
Govmnt Net Income as Share of NI (1) GNISNI NI GNI \(\mathtt{GNISNI}\left(t\right)=\frac{\mathtt{GNI}\left(t\right)}{\mathtt{NI}\left(t\right)}\)
Govmnt Payback GDollar/y GP GD GPP GD CFGB GFSNI \(\mathtt{GP}\left(t\right)=\frac{\mathtt{GD}\left(t\right)}{\mathtt{GPP}}\)
Govmnt PUrchases GDollar/y GPU PGCIN GCF GIPC GS IPR VPSS \(\mathtt{GPU}\left(t\right)=\mathtt{GCF}\cdot\mathtt{PGCIN}\left(t\right)\)
Govmnt Spending GDollar/y GS GIPC GPU GSGDP GSSGDP PSP \(\mathtt{GS}\left(t\right)=\mathtt{GIPC}\left(t\right)+\mathtt{GPU}\left(t\right)\)
Govmnt Share of GDP (1) GSGDP NI GS CONTR \(\mathtt{GSGDP}\left(t\right)=\frac{\mathtt{GS}\left(t\right)}{\mathtt{NI}\left(t\right)}\)
Income from Commons from 2022 GDollar/y IC2022 IPP NI GEIC GGI GNI TP \(\mathtt{IC2022}\left(t\right)=\mathtt{ifelse}\left(\left(t>2000\right),\mathtt{ramp}\left(t,\frac{\mathtt{GEIC}}{\mathtt{IPP}\left(t\right)},2000,2000+\mathtt{IPP}\left(t\right)\right),0\right)\cdot\mathtt{NI}\left(t\right)\)
INEQuality (1) INEQ OOIAT WIAT INEQI IEL AWBIN IEST \(\mathtt{INEQ}\left(t\right)=\frac{\mathtt{OOIAT}\left(t\right)}{\mathtt{WIAT}\left(t\right)}\)
INEQuality Index (1980=1) INEQI INEQ INEQ1980 RROTAI \(\mathtt{INEQI}\left(t\right)=\frac{\mathtt{INEQ}\left(t\right)}{\mathtt{INEQ1980}}\)
Income Tax Owners (1) ITO BITRO NI WSO OT \(\mathtt{ITO}\left(t\right)=\left(1-\mathtt{WSO}\left(t\right)\right)\cdot\mathtt{BITRO}\left(t\right)\cdot\mathtt{NI}\left(t\right)\)
Income Tax Workers (1) ITW NI WSO BITRW WT \(\mathtt{ITW}\left(t\right)=\mathtt{BITRW}\cdot\mathtt{NI}\left(t\right)\cdot\mathtt{WSO}\left(t\right)\)
Max Govmnt Debt GDollar MGD NI MGDB GND \(\mathtt{MGD}\left(t\right)=\mathtt{MGDB}\cdot\mathtt{NI}\left(t\right)\)
Max Workers Debt GDollar MWD WI MWDB WND \(\mathtt{MWD}\left(t\right)=\mathtt{MWDB}\cdot\mathtt{WI}\left(t\right)\)
Owner Consumption GDollar/y OC POCI OCF CD OS STO \(\mathtt{OC}\left(t\right)=\mathtt{OCF}\left(t\right)\cdot\mathtt{POCI}\left(t\right)\)
Owner Consumptin Fraction (1) OCF OSF OC \(\mathtt{OCF}\left(t\right)=1-\mathtt{OSF}\left(t\right)\)
Owner Cash INflow GDollar/y OCIN OOIAT POCI TPP \(\mathtt{OCIN}\left(t\right)=\mathtt{OOIAT}\left(t\right)\)
Owner Income GDollar/y OI NI WSO OOIAT OTR \(\mathtt{OI}\left(t\right)=\left(1-\mathtt{WSO}\left(t\right)\right)\cdot\mathtt{NI}\left(t\right)\)
Owner Operating Income After Tax GDollar/y OOIAT OT OI INEQ OCIN \(\mathtt{OOIAT}\left(t\right)=-\mathtt{OT}\left(t\right)+\mathtt{OI}\left(t\right)\)
Owner Savings GDollar/y OS POCI OC TS \(\mathtt{OS}\left(t\right)=-\mathtt{OC}\left(t\right)+\mathtt{POCI}\left(t\right)\)
Owner Savings Fraction (1) OSF EGDPP OSF1980 GDPOSR GDPP1980 OCF \(\mathtt{OSF}\left(t\right)=\mathtt{OSF1980}\cdot\left(1+\mathtt{GDPOSR}\cdot\left(-1+\frac{\mathtt{EGDPP}\left(t\right)}{\mathtt{GDPP1980}}\right)\right)\)
Owner Taxes GDollar/y OT ITO ETF2022 FETPO GGI GNI OOIAT OTR TP \(\mathtt{OT}\left(t\right)=\mathtt{FETPO}\cdot\mathtt{ETF2022}\left(t\right)+\mathtt{ITO}\left(t\right)\)
Owner Tax Rate (1) OTR OT OI \(\mathtt{OTR}\left(t\right)=\frac{\mathtt{OT}\left(t\right)}{\mathtt{OI}\left(t\right)}\)
Permanent Govmnt Cash INflow GDollar/y PGCIN GCIN PGCIN TAB PGCIN GIPC GPU 5400.0 \(\frac{\mathrm{d}\mathtt{PGCIN}\left(t\right)}{\mathrm{d}t}=\frac{-\mathtt{PGCIN}\left(t\right)+\mathtt{GCIN}\left(t\right)}{\mathtt{TAB}}\)
Permanent Owner Cash Inflow GDollar/y POCI POCI OCIN TAOC POCI OC OS 7081.0 \(\frac{\mathrm{d}\mathtt{POCI}\left(t\right)}{\mathrm{d}t}=\frac{-\mathtt{POCI}\left(t\right)+\mathtt{OCIN}\left(t\right)}{\mathtt{TAOC}}\)
Permanent Worker Cash INflow GDollar/y PWCIN PWCIN WCIN TAWC PWCIN WCD WDI WS 13000.0 \(\frac{\mathrm{d}\mathtt{PWCIN}\left(t\right)}{\mathrm{d}t}=\frac{-\mathtt{PWCIN}\left(t\right)+\mathtt{WCIN}\left(t\right)}{\mathtt{TAWC}}\)
Savings Share of GDP (1) SSGDP TS NI CONTR \(\mathtt{SSGDP}\left(t\right)=\frac{\mathtt{TS}\left(t\right)}{\mathtt{NI}\left(t\right)}\)
Sales Tax GDollar/y ST STO STW GNI TPP \(\mathtt{ST}\left(t\right)=\mathtt{STO}\left(t\right)+\mathtt{STW}\left(t\right)\)
Sales Tax Owners GDollar/y STO OC STR CD GGI GNI ST TP \(\mathtt{STO}\left(t\right)=\mathtt{STR}\cdot\mathtt{OC}\left(t\right)\)
Sales Tax Workers GDollar/y STW WCD STR CD GGI GNI ST TP \(\mathtt{STW}\left(t\right)=\mathtt{STR}\cdot\mathtt{WCD}\left(t\right)\)
Transfer Payments GDollar/y TP OT FGBW IC2022 STO STW WT GNI WIAT \(\mathtt{TP}\left(t\right)=\left(\mathtt{IC2022}\left(t\right)+\mathtt{OT}\left(t\right)+\mathtt{STO}\left(t\right)+\mathtt{STW}\left(t\right)+\mathtt{WT}\left(t\right)\right)\cdot\mathtt{FGBW}\left(t\right)\)
Total Purchasing Power GDollar/y TPP GCIN ST OCIN WCIN EPP EDE \(\mathtt{TPP}\left(t\right)=-\mathtt{ST}\left(t\right)+\mathtt{GCIN}\left(t\right)+\mathtt{OCIN}\left(t\right)+\mathtt{WCIN}\left(t\right)\)
Total Savings GDollar/y TS OS WS SSGDP AVCA \(\mathtt{TS}\left(t\right)=\mathtt{OS}\left(t\right)+\mathtt{WS}\left(t\right)\)
Worker consumption demand GDollar/y WCD PWCIN WCF CD STW WS \(\mathtt{WCD}\left(t\right)=\mathtt{WCF}\cdot\mathtt{PWCIN}\left(t\right)\)
Worker Cash INflow GDollar/y WCIN CFWB WIAT PWCIN TPP \(\mathtt{WCIN}\left(t\right)=-\mathtt{CFWB}\left(t\right)+\mathtt{WIAT}\left(t\right)\)
Workers Debt GDollar WD WND WP WIC WND WP WDB 7406.88 \(\frac{\mathrm{d}\mathtt{WD}\left(t\right)}{\mathrm{d}t}=-\mathtt{WP}\left(t\right)+\mathtt{WND}\left(t\right)\)
Worker Debt Burden y WDB WD WIAT \(\mathtt{WDB}\left(t\right)=\frac{\mathtt{WD}\left(t\right)}{\mathtt{WIAT}\left(t\right)}\)
Worker Disposable Income kDollar/p/y WDI PWCIN WF AWBDI \(\mathtt{WDI}\left(t\right)=\frac{\mathtt{PWCIN}\left(t\right)}{\mathtt{WF}\left(t\right)}\)
Worker Finance Cost as Share of Income (1) WFCSI CFWB WIAT \(\mathtt{WFCSI}\left(t\right)=\frac{\mathtt{CFWB}\left(t\right)}{\mathtt{WIAT}\left(t\right)}\)
Worker Income GDollar/y WI NI WSO MWD WIAT WTR \(\mathtt{WI}\left(t\right)=\mathtt{NI}\left(t\right)\cdot\mathtt{WSO}\left(t\right)\)
Worker Income After Tax GDollar/y WIAT TP WI WT INEQ WCIN WFCSI WDB \(\mathtt{WIAT}\left(t\right)=-\mathtt{WT}\left(t\right)+\mathtt{TP}\left(t\right)+\mathtt{WI}\left(t\right)\)
Worker Interest Cost GDollar/y WIC WBC WD CFWB \(\mathtt{WIC}\left(t\right)=\mathtt{WBC}\left(t\right)\cdot\mathtt{WD}\left(t\right)\)
Workers New Debt GDollar/y WND WD MWD WDP WD CFWB \(\mathtt{WND}\left(t\right)=\mathtt{max}\left(0,\frac{-\mathtt{WD}\left(t\right)+\mathtt{MWD}\left(t\right)}{\mathtt{WDP}}\right)\)
Workers Payback GDollar/y WP WD WPP WD CFWB \(\mathtt{WP}\left(t\right)=\frac{\mathtt{WD}\left(t\right)}{\mathtt{WPP}}\)
Worker Savings GDollar/y WS PWCIN WCD TS \(\mathtt{WS}\left(t\right)=-\mathtt{WCD}\left(t\right)+\mathtt{PWCIN}\left(t\right)\)
Worker Taxes GDollar/y WT ETF2022 ITW FETPO GGI GNI TP WIAT WTR \(\mathtt{WT}\left(t\right)=\left(1-\mathtt{FETPO}\right)\cdot\mathtt{ETF2022}\left(t\right)+\mathtt{ITW}\left(t\right)\)
Worker Tax Rate (1) WTR WI WT \(\mathtt{WTR}\left(t\right)=\frac{\mathtt{WT}\left(t\right)}{\mathtt{WI}\left(t\right)}\)

The parameters

Vensim name Name Is used by Value
Basic Income Tax Rate Workers BITRW ITW 0.2
Extra Empowerment Tax From 2022 (share of NI) EETF2022 EGTF2022 0.0
Extra General Tax Rate From 2022 EGTRF2022 EGTF2022 0.0
Extra Pension Tax From 2022 (share of NI) EPTF2022 EGTF2022 0.0
Extra Transfer of Govmnt Budget to Workers ETGBW GFGBW 0.0
Fraction of Extra TA Cost Paid by Extra Taxes FETACPET ETTAF2022 0.5
Fraction of Extra Taxes Paid by Owners FETPO OT WT 0.5
Fraction of Govmnt Debt Cancelled in 2022 1/y FGDC2022 CANCD 0.0
Fraction Transferred in 1980 FT1980 GFGBW 0.3
Govmnt Consumption Fraction GCF GPU 0.75
Govmnt DrawDown Period y GDDP GND 10.0
sGDPeoOSR<0 GDPOSR OSF -0.06
GDP per Person in 1980 kDollar/p/y GDPP1980 OSF 6.4
Goal for Extra Income from Commons (share of NI) GEIC IC2022 0.0
Goal for Income Tax Rate Owners GITRO BITRO 0.3
Govmnt Payback Period y GPP GP 200.0
Govmnt Stimulus From 2022 (share of NI) GSF2022 GND 0.0
INEQuality in 1980 INEQ1980 INEQI 0.61
Income Tax Rate Owners in 1980 ITRO1980 BITRO 0.4
Income Tax Rate Owners in 2022 ITRO2022 BITRO 0.3
Max Govmnt Debt Burden y MGDB MGD 1.0
Max Workers Debt Burden y MWDB MWD 1.0
Owner Savings Fraction in 1980 OSF1980 OSF 0.9
Sales Tax Rate STR STO STW 0.03
Time to Adjust Budget y TAB PGCIN 1.0
Time to Adjust Owner Consumption y TAOC POCI 1.0
Time to Adjust Worker Consumption y TAWC PWCIN 1.0
Time to Implement New Taxes y TINT ETF2022 FGBW 5.0
Worker Consumption Fraction WCF WCD 0.9
Worker Drawdown Period y WDP WND 10.0
Worker Payback Period y WPP WP 20.0