From 7c292d39aeabe7ab1c071586ae881b78f6e0db32 Mon Sep 17 00:00:00 2001
From: Nicole Hunt <85891088+NHgit213@users.noreply.github.com>
Date: Mon, 28 Aug 2023 14:10:56 -0400
Subject: [PATCH] Update macro.md

Changed default value of $\gamma  to 0.61.
---
 docs/book/content/calibration/macro.md | 3 +--
 1 file changed, 1 insertion(+), 2 deletions(-)

diff --git a/docs/book/content/calibration/macro.md b/docs/book/content/calibration/macro.md
index 3cb12eb..01e2239 100644
--- a/docs/book/content/calibration/macro.md
+++ b/docs/book/content/calibration/macro.md
@@ -30,8 +30,7 @@ The [OG-Core firm theory documentation](https://pslmodels.github.io/OG-Core/cont
 
 ### Capital's share of output
 
-Here, we use a value of $\gamma =1.0$ from the UN Data Portal API (see https://data.un.org).
-
+Here, we use a default value of $\gamma =0.61$.
 
 ## Open Economy Parameters