default unemployment process out of the transitory shock process

[sbenthall]

Currently the default unemployment process is included as a variation of the transitory shock process.

An alternative way of representing unemployment may be more transparent and flexible, allowing for alternative performance optimizations. @llorracc notes this.

It would be worth trying an alternative implementation and benchmarking it, see #982

[mnwhite]

I don't see how transitory unemployment shocks can be anything other than transitory income values. We don't want them to exist as a separate variable in simulation, as that forces the user to use a specification with "unemployment", but we're trying to remove those restrictions.

[llorracc]

Per my prior message, I want to keep this in. It is for example highly useful in the reshuffling method of simulation.

…

On Wed, Jul 10, 2024 at 10:58 AM Matthew N. White ***@***.***> wrote: I don't see how transitory unemployment shocks can be anything other than transitory income values. We don't want them to exist as a separate variable in simulation, as that forces the user to use a specification with "unemployment", but we're trying to remove those restrictions. — Reply to this email directly, view it on GitHub <#1081 (comment)>, or unsubscribe <https://github.com/notifications/unsubscribe-auth/AAKCK73BLDQASM5ITOZWWWTZLVDYDAVCNFSM6AAAAABKVDB4HKVHI2DSMVQWIX3LMV43OSLTON2WKQ3PNVWWK3TUHMZDEMRQG42DANBSHE> . You are receiving this because you were mentioned.Message ID: ***@***.***>

-- - Chris Carroll