\begin{center}\label{table:calibration1}  
\begin{tabular}{cd{5}l}  
\\ \toprule  
\multicolumn{3}{c}{\textbf{Macroeconomic Parameters} }  
\\ $\kapShare$ & 0.36 & Capital's Share of Income   
\\ $\daleth$ & 0.94^{1/4} & Depreciation Factor   
\\ $\sigma_{\Theta}^{2}$ & 0.00001 & Variance Aggregate Transitory Shocks 
\\ $\sigma_{\Psi}^{2}$ & 0.00004 & Variance Aggregate Permanent Shocks 
\\ \midrule  
\multicolumn{3}{c}{ \textbf{Steady State of Perfect Foresight DSGE Model} } \  
\\ \multicolumn{3}{c}{ $(\sigma_{\Psi}=\sigma_{\Theta}=\sigma_{\psi}=\sigma_{\theta}=\wp=\PDies=0$, $\Phi_t = 1)$} \  
\\ $\breve{K}/\breve{K}^{\kapShare}$ & 12.0 & SS Capital to Output Ratio  
\\ $\breve{K}$ & 48.55 & SS Capital to Labor Productivity Ratio ($=12^{1/(1-\kapShare)}$) 
\\ $\breve{\Wage}$ &  2.59 & SS Wage Rate ($=(1-\kapShare)\breve{K}^{\kapShare}$) 
\\ $\breve{\mathsf{r}}$ & 0.03 & SS Interest Rate ($=\kapShare \breve{K}^{\kapShare-1}$) 
\\ $\breve{\Rprod}$ & 1.015& SS Between-Period Return Factor ($=\daleth + \breve{\mathsf{r}}$) 
\\ \bottomrule  
\end{tabular}  
\end{center}  
