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Macro by Mark

Global Economic Data, Empirical Models, and Macro Theory
All in One Workspace

Public data from government agencies and multilateral statistical releases, anchored in official sources

© 2026 Mark Jayson Nation

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Theory-Based Models

Loading Theory-Based Models

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Life-Cycle Hypothesis
Model

Modigliani's life-cycle hypothesis: rational agents smooth consumption over their entire lifespan by saving during working years and dissaving in retirement.

Compare

This model uses static comparative statics -- no genuine time axis exists.

Shock presets

Permanent income increase

Raises annual income, lifting the smoothed consumption path and peak wealth.

Longer retirement

Extends total lifespan without changing working years, forcing consumption down and saving up.

Wealth windfall

An inheritance or asset gain raises initial wealth and lifts the consumption path.

Controls

Diagram, readouts, and summary update with each change.

Income

Lifespan

Wealth

Impact summary

Smoothed consumption

Annual consumption

40.8

Annual saving (working)

19.2

Lifetime resources

2450

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