{
  "record_id": "irf_v64_oil180_us150_cl",
  "model": {
    "name": "global_macro",
    "engine": "global_macro_v64",
    "contract": "v6.4"
  },
  "question": "Oil $180 and US +150bp",
  "shock": {
    "id": "oil180_us150",
    "spec": {
      "monetary": {
        "US": 150.0
      },
      "oil": 180.0
    },
    "units": {
      "monetary": "bp_deviation",
      "oil": "usd_per_bbl_level"
    },
    "held_fixed": {
      "metals": 0.0,
      "risk_premium": 0.0,
      "vix": 15.0,
      "housing": {},
      "fiscal": {},
      "tfp": {},
      "bank_equity": {},
      "equity": {},
      "sovereign_spread": {},
      "bilateral_tariffs": []
    }
  },
  "country": {
    "iso2": "CL",
    "name": "Chile"
  },
  "horizon": {
    "freq": "Q",
    "n": 20
  },
  "series": {
    "Y": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -1.088128,
        -1.583426,
        -1.810637,
        -1.918322,
        -1.97748,
        -2.026325,
        -2.12205,
        -2.234038,
        -2.342825,
        -2.438029,
        -2.516265,
        -2.575526,
        -2.614862,
        -2.63457,
        -2.637423,
        -2.624468,
        -2.598192,
        -2.554997,
        -2.449935,
        -2.314957
      ]
    },
    "C": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -0.584792,
        -0.955351,
        -1.143023,
        -1.221034,
        -1.247742,
        -1.259373,
        -1.294328,
        -1.346562,
        -1.406134,
        -1.466037,
        -1.522557,
        -1.572165,
        -1.612222,
        -1.641449,
        -1.660106,
        -1.668182,
        -1.666579,
        -1.6536,
        -1.606881,
        -1.537581
      ]
    },
    "pi_cpi": {
      "unit": "pp_dev",
      "path": [
        0.303117,
        0.384022,
        0.34984,
        0.275698,
        0.20263,
        0.134767,
        0.0715,
        0.013979,
        -0.043995,
        -0.093944,
        -0.127577,
        -0.151206,
        -0.16817,
        -0.17945,
        -0.186779,
        -0.19124,
        -0.193587,
        -0.193724,
        -0.190186,
        -0.184224
      ]
    },
    "i": {
      "unit": "pp_dev",
      "path": [
        0.462684,
        0.960009,
        1.316226,
        1.49557,
        1.524984,
        1.439055,
        1.267804,
        1.03833,
        0.769163,
        0.481358,
        0.197434,
        -0.069106,
        -0.310847,
        -0.522926,
        -0.704074,
        -0.855119,
        -0.978167,
        -1.075161,
        -1.145861,
        -1.191939
      ]
    },
    "RER": {
      "unit": "pct_dev_from_baseline",
      "path": [
        2.056105,
        3.058644,
        3.417327,
        3.43749,
        3.333176,
        3.203766,
        3.103066,
        3.040681,
        2.971775,
        2.902449,
        2.867417,
        2.853465,
        2.847445,
        2.834605,
        2.811352,
        2.774428,
        2.723405,
        2.651857,
        2.552392,
        2.435479
      ]
    },
    "P_H": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -0.180309,
        -0.436165,
        -0.717398,
        -0.999868,
        -1.272814,
        -1.532965,
        -1.78705,
        -2.036928,
        -2.281556,
        -2.51872,
        -2.74628,
        -2.962198,
        -3.164582,
        -3.351813,
        -3.522862,
        -3.676924,
        -3.81361,
        -3.931939,
        -4.023764,
        -4.086624
      ]
    },
    "Q_B": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -1.927849,
        -4.000038,
        -5.484273,
        -6.231543,
        -6.3541,
        -5.996063,
        -5.282518,
        -4.326373,
        -3.204848,
        -2.005659,
        -0.822642,
        0.287942,
        1.295196,
        2.178858,
        2.93364,
        3.562994,
        4.075695,
        4.479837,
        4.774422,
        4.966412
      ]
    },
    "equity": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -2.694166,
        -4.092168,
        -4.822285,
        -5.19483,
        -5.376299,
        -5.466255,
        -5.609875,
        -5.751656,
        -5.778558,
        -5.775516,
        -5.814559,
        -5.818636,
        -5.788105,
        -5.725824,
        -5.638868,
        -5.529337,
        -5.402142,
        -5.248669,
        -4.965747,
        -4.625793
      ]
    },
    "y2": {
      "unit": "pp_dev",
      "path": [
        1.188083,
        1.226393,
        1.166561,
        1.026712,
        0.831128,
        0.601649,
        0.356401,
        0.109917,
        -0.126764,
        -0.345181,
        -0.539746,
        -0.707658,
        -0.848012,
        -0.961264,
        -1.048865,
        -1.112825,
        -1.155446,
        -1.17913,
        -1.18637,
        -1.179946
      ]
    },
    "y5": {
      "unit": "pp_dev",
      "path": [
        0.204971,
        0.120993,
        0.011806,
        -0.114793,
        -0.249375,
        -0.384007,
        -0.512613,
        -0.630727,
        -0.735299,
        -0.824269,
        -0.896683,
        -0.952755,
        -0.993403,
        -1.019941,
        -1.033947,
        -1.037068,
        -1.030907,
        -1.016961,
        -0.996621,
        -0.971285
      ]
    },
    "y10": {
      "unit": "pp_dev",
      "path": [
        -0.368646,
        -0.394846,
        -0.432856,
        -0.479182,
        -0.52943,
        -0.579877,
        -0.627667,
        -0.670689,
        -0.707512,
        -0.737163,
        -0.759197,
        -0.773733,
        -0.781222,
        -0.782303,
        -0.777734,
        -0.768307,
        -0.754788,
        -0.737893,
        -0.718286,
        -0.696639
      ]
    },
    "N": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -0.238138,
        -0.540849,
        -0.834815,
        -1.094711,
        -1.316421,
        -1.505503,
        -1.679732,
        -1.846404,
        -2.007205,
        -2.160931,
        -2.305375,
        -2.438194,
        -2.557186,
        -2.660551,
        -2.747407,
        -2.817227,
        -2.870114,
        -2.905281,
        -2.911665,
        -2.887701
      ]
    },
    "w": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -0.015705,
        -0.013505,
        0.00684,
        0.03175,
        0.04598,
        0.038074,
        -0.000644,
        -0.076368,
        -0.192888,
        -0.352705,
        -0.556016,
        -0.799972,
        -1.080089,
        -1.391031,
        -1.726962,
        -2.08194,
        -2.450165,
        -2.826054,
        -3.203541,
        -3.576375
      ]
    },
    "I": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -3.660853,
        -6.241354,
        -7.138,
        -7.589591,
        -7.75447,
        -7.757297,
        -7.821546,
        -7.813786,
        -7.718117,
        -7.545922,
        -7.328365,
        -7.081383,
        -6.814475,
        -6.536857,
        -6.260776,
        -5.986226,
        -5.718512,
        -5.438534,
        -4.979415,
        -4.50514
      ]
    },
    "K": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -0.018304,
        -0.049511,
        -0.085201,
        -0.123149,
        -0.161921,
        -0.200708,
        -0.239816,
        -0.278884,
        -0.317475,
        -0.355205,
        -0.391847,
        -0.427253,
        -0.461326,
        -0.49401,
        -0.525314,
        -0.555245,
        -0.583838,
        -0.61103,
        -0.635927,
        -0.658453
      ]
    },
    "Q": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -2.562597,
        -4.368948,
        -4.9966,
        -5.312713,
        -5.428129,
        -5.430108,
        -5.475082,
        -5.46965,
        -5.402682,
        -5.282146,
        -5.129856,
        -4.956968,
        -4.770133,
        -4.5758,
        -4.382543,
        -4.190358,
        -4.002959,
        -3.806974,
        -3.485591,
        -3.153598
      ]
    },
    "G": {
      "unit": "pct_dev_from_baseline",
      "path": [
        0.138653,
        0.176577,
        0.181697,
        0.178873,
        0.176765,
        0.177188,
        0.186264,
        0.197869,
        0.208896,
        0.218096,
        0.225341,
        0.230604,
        0.234122,
        0.236654,
        0.238261,
        0.238868,
        0.238529,
        0.237167,
        0.227742,
        0.214552
      ]
    },
    "B": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -0.120209,
        -0.287899,
        -0.469333,
        -0.650054,
        -0.824642,
        -0.992397,
        -1.1593,
        -1.327336,
        -1.49622,
        -1.664416,
        -1.829942,
        -1.990741,
        -2.14481,
        -2.290346,
        -2.426016,
        -2.55072,
        -2.663734,
        -2.763973,
        -2.845199,
        -2.905374
      ]
    },
    "NX": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -1.294674,
        -1.951636,
        -2.264454,
        -2.389405,
        -2.406663,
        -2.367531,
        -2.298693,
        -2.217139,
        -2.136689,
        -2.058527,
        -1.977596,
        -1.895543,
        -1.81307,
        -1.730021,
        -1.647881,
        -1.567632,
        -1.490098,
        -1.414076,
        -1.341266,
        -1.271879
      ]
    },
    "pi": {
      "unit": "pp_dev",
      "path": [
        0.212182,
        0.268815,
        0.244888,
        0.192989,
        0.141841,
        0.094337,
        0.05005,
        0.009785,
        -0.030796,
        -0.065761,
        -0.089304,
        -0.105844,
        -0.117719,
        -0.125615,
        -0.130745,
        -0.133868,
        -0.135511,
        -0.135607,
        -0.13313,
        -0.128957
      ]
    },
    "mc": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -0.635749,
        -0.925409,
        -1.058844,
        -1.122785,
        -1.158679,
        -1.188923,
        -1.247586,
        -1.316148,
        -1.382834,
        -1.441359,
        -1.489655,
        -1.526495,
        -1.551301,
        -1.564223,
        -1.566936,
        -1.560073,
        -1.54514,
        -1.519975,
        -1.457605,
        -1.377219
      ]
    },
    "unemployment": {
      "unit": "pp_dev",
      "path": [
        0.105684,
        0.231997,
        0.347536,
        0.443493,
        0.520248,
        0.58179,
        0.636629,
        0.688086,
        0.736731,
        0.781974,
        0.823053,
        0.859207,
        0.889782,
        0.914321,
        0.932758,
        0.945142,
        0.951755,
        0.952452,
        0.942765,
        0.922486
      ]
    },
    "credit_supply": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -0.03866,
        -0.091927,
        -0.148346,
        -0.202699,
        -0.252791,
        -0.298029,
        -0.338558,
        -0.37461,
        -0.406415,
        -0.434161,
        -0.458028,
        -0.478185,
        -0.494783,
        -0.507969,
        -0.517962,
        -0.524964,
        -0.529216,
        -0.530872,
        -0.530026,
        -0.526931
      ]
    },
    "lending_spread": {
      "unit": "pp_dev",
      "path": [
        0.000961,
        0.002284,
        0.003686,
        0.005036,
        0.006281,
        0.007405,
        0.008412,
        0.009308,
        0.010098,
        0.010788,
        0.011381,
        0.011882,
        0.012294,
        0.012622,
        0.01287,
        0.013044,
        0.013149,
        0.013191,
        0.01317,
        0.013093
      ]
    },
    "gdp_services": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -0.658318,
        -0.957973,
        -1.095435,
        -1.160585,
        -1.196375,
        -1.225927,
        -1.28384,
        -1.351593,
        -1.417409,
        -1.475008,
        -1.522341,
        -1.558193,
        -1.581992,
        -1.593915,
        -1.595641,
        -1.587803,
        -1.571906,
        -1.545773,
        -1.48221,
        -1.400549
      ]
    },
    "gdp_manufacturing": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -1.69715,
        -2.474271,
        -2.76862,
        -2.82365,
        -2.777445,
        -2.695888,
        -2.619424,
        -2.552906,
        -2.483406,
        -2.413093,
        -2.352922,
        -2.299133,
        -2.247858,
        -2.195186,
        -2.140192,
        -2.081785,
        -2.019911,
        -1.951906,
        -1.867477,
        -1.775037
      ]
    },
    "r": {
      "unit": "pp_dev",
      "path": [
        0.115671,
        0.240002,
        0.329056,
        0.373893,
        0.381246,
        0.359764,
        0.316951,
        0.259582,
        0.192291,
        0.12034,
        0.049359,
        -0.017277,
        -0.077712,
        -0.130731,
        -0.176018,
        -0.21378,
        -0.244542,
        -0.26879,
        -0.286465,
        -0.297985
      ]
    },
    "bank_equity": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -0.04729,
        -0.112449,
        -0.181462,
        -0.24795,
        -0.309224,
        -0.364562,
        -0.414138,
        -0.458238,
        -0.497143,
        -0.531084,
        -0.560279,
        -0.584936,
        -0.605239,
        -0.621369,
        -0.633592,
        -0.642158,
        -0.647359,
        -0.649384,
        -0.648349,
        -0.644564
      ]
    },
    "vix": {
      "unit": "index_level",
      "path": [
        18.487993,
        20.149531,
        20.971277,
        21.402641,
        21.655841,
        21.826188,
        21.949217,
        22.02958,
        21.991684,
        21.902587,
        21.82051,
        21.674182,
        21.474016,
        21.238613,
        20.992211,
        20.743488,
        20.500178,
        20.261909,
        20.026313,
        19.795016
      ]
    },
    "y3m": {
      "unit": "pp_dev",
      "path": [
        0.462684,
        0.960009,
        1.316226,
        1.49557,
        1.524984,
        1.439055,
        1.267804,
        1.03833,
        0.769163,
        0.481358,
        0.197434,
        -0.069106,
        -0.310847,
        -0.522926,
        -0.704074,
        -0.855119,
        -0.978167,
        -1.075161,
        -1.145861,
        -1.191939
      ]
    },
    "y30": {
      "unit": "pp_dev",
      "path": [
        -0.243414,
        -0.247505,
        -0.25573,
        -0.266915,
        -0.279585,
        -0.292492,
        -0.304675,
        -0.315423,
        -0.324252,
        -0.33083,
        -0.335004,
        -0.336805,
        -0.336379,
        -0.333933,
        -0.329715,
        -0.323981,
        -0.316984,
        -0.308957,
        -0.300118,
        -0.290685
      ]
    },
    "Q_B_3m": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -0.115671,
        -0.240002,
        -0.329056,
        -0.373893,
        -0.381246,
        -0.359764,
        -0.316951,
        -0.259582,
        -0.192291,
        -0.12034,
        -0.049359,
        0.017277,
        0.077712,
        0.130731,
        0.176018,
        0.21378,
        0.244542,
        0.26879,
        0.286465,
        0.297985
      ]
    },
    "Q_B_2y": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -2.257357,
        -2.330146,
        -2.216466,
        -1.950753,
        -1.579143,
        -1.143133,
        -0.677163,
        -0.208842,
        0.240852,
        0.655843,
        1.025517,
        1.344549,
        1.611222,
        1.826401,
        1.992843,
        2.114368,
        2.195347,
        2.240347,
        2.254102,
        2.241897
      ]
    },
    "Q_B_5y": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -0.922369,
        -0.544471,
        -0.053129,
        0.516568,
        1.122189,
        1.72803,
        2.30676,
        2.838271,
        3.308845,
        3.70921,
        4.035074,
        4.287398,
        4.470315,
        4.589736,
        4.652763,
        4.666806,
        4.639083,
        4.576324,
        4.484793,
        4.370783
      ]
    },
    "Q_B_10y": {
      "unit": "pct_dev_from_baseline",
      "path": [
        3.022898,
        3.237734,
        3.549423,
        3.929293,
        4.341322,
        4.754994,
        5.146869,
        5.499654,
        5.801595,
        6.044735,
        6.225419,
        6.344607,
        6.406017,
        6.414881,
        6.377422,
        6.300115,
        6.189261,
        6.050719,
        5.889947,
        5.712441
      ]
    },
    "Q_B_30y": {
      "unit": "pct_dev_from_baseline",
      "path": [
        4.381455,
        4.455086,
        4.603143,
        4.804467,
        5.032534,
        5.264861,
        5.484154,
        5.67762,
        5.836534,
        5.954947,
        6.030071,
        6.062494,
        6.054828,
        6.010799,
        5.934862,
        5.831662,
        5.705718,
        5.561234,
        5.402121,
        5.232329
      ]
    },
    "NEER": {
      "unit": "pct_dev_from_baseline",
      "path": [
        -1.946766,
        -3.064259,
        -3.512164,
        -3.593388,
        -3.496299,
        -3.34523,
        -3.195054,
        -3.061204,
        -2.933381,
        -2.792799,
        -2.648306,
        -2.522687,
        -2.409722,
        -2.300909,
        -2.194625,
        -2.0891,
        -1.984007,
        -1.873997,
        -1.75286,
        -1.628672
      ]
    },
    "USD": {
      "unit": "pct_dev_from_baseline",
      "path": [
        2.284328,
        3.521842,
        4.128983,
        4.402532,
        4.544634,
        4.647631,
        4.759075,
        4.881495,
        4.924111,
        4.899334,
        4.860518,
        4.827509,
        4.789624,
        4.734097,
        4.661931,
        4.570832,
        4.463218,
        4.33325,
        4.173193,
        3.994952
      ]
    },
    "P_energy": {
      "unit": "USD/bbl (level)",
      "path": [
        129.136448,
        150.647844,
        158.750394,
        160.394752,
        158.974787,
        156.112215,
        152.58531,
        148.8097,
        145.009137,
        141.306291,
        137.764978,
        134.41658,
        131.274961,
        128.365679,
        125.669421,
        123.16956,
        120.84527,
        118.691663,
        116.709513,
        114.872269
      ]
    },
    "P_metals": {
      "unit": "index (level)",
      "path": [
        98.515129,
        97.037028,
        95.964041,
        95.282346,
        94.883079,
        94.616465,
        94.36142,
        94.094993,
        93.827584,
        93.577753,
        93.360579,
        93.186549,
        93.068566,
        93.029286,
        93.055187,
        93.138003,
        93.265493,
        93.455283,
        93.733555,
        94.059134
      ]
    },
    "P_food": {
      "unit": "index (level)",
      "path": [
        101.569741,
        103.639091,
        105.731912,
        107.582254,
        109.06325,
        110.08572,
        110.617583,
        110.729534,
        110.522385,
        110.095737,
        109.532536,
        108.89789,
        108.241991,
        107.658775,
        107.144574,
        106.696109,
        106.307652,
        105.989309,
        105.755728,
        105.58233
      ]
    },
    "P_gas": {
      "unit": "USD/mmBtu (level)",
      "path": [
        5.602867,
        6.285844,
        6.526979,
        6.560946,
        6.499264,
        6.392185,
        6.26273,
        6.124662,
        5.986274,
        5.852733,
        5.72692,
        5.610308,
        5.5023,
        5.404,
        5.315087,
        5.235183,
        5.162881,
        5.097865,
        5.040347,
        4.988728
      ]
    },
    "P_copper": {
      "unit": "index (level)",
      "path": [
        98.687869,
        97.421164,
        96.514851,
        95.947935,
        95.625833,
        95.421803,
        95.233992,
        95.041535,
        94.850537,
        94.673953,
        94.522488,
        94.403622,
        94.329346,
        94.313073,
        94.345445,
        94.421896,
        94.530409,
        94.686153,
        94.914615,
        95.179358
      ]
    },
    "P_wheat": {
      "unit": "index (level)",
      "path": [
        99.373084,
        98.660134,
        98.1077,
        97.733174,
        97.486108,
        97.285062,
        97.068172,
        96.829696,
        96.58291,
        96.345241,
        96.131182,
        95.950807,
        95.799647,
        95.729719,
        95.727858,
        95.784008,
        95.883802,
        96.024952,
        96.212594,
        96.428442
      ]
    },
    "P_gold": {
      "unit": "USD/oz (level)",
      "path": [
        2202.099204,
        2287.827149,
        2323.389462,
        2338.350044,
        2345.702773,
        2351.074883,
        2356.087737,
        2360.470574,
        2370.363813,
        2376.682389,
        2373.22021,
        2365.774889,
        2355.088978,
        2342.322608,
        2328.838793,
        2315.170382,
        2301.756754,
        2288.622359,
        2275.683811,
        2263.01807
      ]
    }
  },
  "summary": {
    "GDP_peak_pct": -2.6374,
    "GDP_peak_quarter": 15,
    "CPI_3yr_pp": 1.3188,
    "CPI_3yr_definition": "sum of quarterly pi_cpi IRF over Q1\u2013Q12",
    "equity_peak_pct": -5.8186,
    "equity_peak_quarter": 12
  },
  "qa_checks": {
    "json_matches_peaks": true,
    "complete_q1_q20": true,
    "no_nan": true,
    "rer_sign": "increase=real_depreciation",
    "ok": true,
    "reasons": []
  }
}