lufd: Delayed Labor Utilization Fraction

Variable

Capital sector

Delayed Labor Utilization Fraction [Dmnl]

lufd = smooth( lufdi ,  lufdt )
../_images/lufd.png

lufd in the updating graph: ( how to read )

In nodes

lufdi : helper for luf

lufdt : labor utilization fraction delay time

Out nodes

cuf : capacity utilization fraction