Parameters GL06INSOUT#
The following two tables contain the default values for the hyperparameters and parameters of the GL06INSOUT model.
Hyperparameters#
Notation |
Unit |
Value |
|
|---|---|---|---|
device |
cpu |
||
requires_grad |
False |
||
scenario_trigger |
50 |
||
sectors |
[‘Household’, ‘Firm’, ‘Government’, ‘CentralBank’, ‘Bank’] |
||
seed |
42 |
||
timesteps |
100 |
||
timesteps_initialization |
0 |
Parameters#
Notation |
Unit |
Value |
Lower Bound |
Upper Bound |
|
|---|---|---|---|---|---|
AutonomousConsumption |
\(\alpha_0\) |
. |
0.0 |
-10.0 |
10.0 |
BankLiquidityCeiling |
\(top\) |
. |
0.06 |
0.0 |
1.0 |
BankLiquidityFloor |
\(bot\) |
. |
0.02 |
0.0 |
1.0 |
BankProfitCeiling |
\(top_{pm}\) |
. |
0.005 |
0.0 |
0.1 |
BankProfitFloor |
\(bot_{pm}\) |
. |
0.003 |
0.0 |
0.1 |
CashToConsumptionRatio |
\(\lambda_c\) |
. |
0.1 |
0.0 |
1.0 |
DepositRateAdjSpeed |
\(\zeta_m\) |
. |
0.0002 |
0.0 |
0.01 |
DepositRateBillSensitivity |
\(\zeta_b\) |
. |
0.9 |
0.0 |
2.0 |
FullEmployment |
\(N_{fe}\) |
workers |
133.28 |
1.0 |
10000.0 |
IncomeExpectationWeight |
\(\varepsilon\) |
. |
0.5 |
0.0 |
1.0 |
InventoryAdjustmentSpeed |
\(\gamma\) |
. |
0.5 |
0.0 |
1.0 |
InventorySalesRatioBaseline |
\(\sigma_0\) |
. |
0.3612 |
0.0 |
2.0 |
InventorySalesRatioInterestSens |
\(\sigma_1\) |
. |
3.0 |
0.0 |
20.0 |
LaborProductivity |
\(pr\) |
output/worker |
1.0 |
0.01 |
10.0 |
LoanRateProfitAdjSpeed |
\(\zeta_l\) |
. |
0.0002 |
0.0 |
0.01 |
MarkupRate |
\(\phi\) |
. |
0.1 |
0.0 |
2.0 |
PropensityToConsumeIncome |
\(\alpha_1\) |
. |
0.95 |
0.0 |
1.0 |
PropensityToConsumeWealth |
\(\alpha_2\) |
. |
0.05 |
0.0 |
1.0 |
RealGovernmentSpending_param |
\(g\) |
real units |
25.0 |
0.0 |
500.0 |
RealWageEmploymentElasticity |
\(\Omega_2\) |
. |
1.5 |
0.0 |
5.0 |
RealWageProductivityElasticity |
\(\Omega_1\) |
. |
1.0 |
0.0 |
3.0 |
RealWageTargetConstant |
\(\Omega_0\) |
. |
-0.32549 |
-5.0 |
0.0 |
ReserveRatioM1 |
\(ro_1\) |
. |
0.1 |
0.0 |
1.0 |
ReserveRatioM2 |
\(ro_2\) |
. |
0.1 |
0.0 |
1.0 |
SalesExpectationWeight |
\(\beta\) |
. |
0.5 |
0.0 |
1.0 |
TaxRate |
\(\tau\) |
. |
0.25 |
0.0 |
1.0 |
WageAdjustmentSpeed |
\(\Omega_3\) |
. |
0.1 |
0.0 |
1.0 |
WealthShareBills_BillRate |
\(\lambda_{33}\) |
. |
30.0 |
-50.0 |
50.0 |
WealthShareBills_BondYield |
\(\lambda_{34}\) |
. |
-15.0 |
-50.0 |
50.0 |
WealthShareBills_Constant |
\(\lambda_{30}\) |
. |
0.47311 |
-50.0 |
50.0 |
WealthShareBills_DepositRate |
\(\lambda_{32}\) |
. |
-15.0 |
-50.0 |
50.0 |
WealthShareBills_Income |
\(\lambda_{35}\) |
. |
-0.06 |
-50.0 |
50.0 |
WealthShareBonds_BillRate |
\(\lambda_{43}\) |
. |
-15.0 |
-50.0 |
50.0 |
WealthShareBonds_BondYield |
\(\lambda_{44}\) |
. |
30.0 |
-50.0 |
50.0 |
WealthShareBonds_Constant |
\(\lambda_{40}\) |
. |
0.17515 |
-50.0 |
50.0 |
WealthShareBonds_DepositRate |
\(\lambda_{42}\) |
. |
-15.0 |
-50.0 |
50.0 |
WealthShareBonds_Income |
\(\lambda_{45}\) |
. |
-0.06 |
-50.0 |
50.0 |
WealthShareM1_BillRate |
\(\lambda_{13}\) |
. |
0.0 |
-50.0 |
50.0 |
WealthShareM1_BondYield |
\(\lambda_{14}\) |
. |
0.0 |
-50.0 |
50.0 |
WealthShareM1_Constant |
\(\lambda_{10}\) |
. |
-0.17070999999999992 |
-50.0 |
50.0 |
WealthShareM1_DepositRate |
\(\lambda_{12}\) |
. |
0.0 |
-50.0 |
50.0 |
WealthShareM1_Income |
\(\lambda_{15}\) |
. |
0.18 |
-50.0 |
50.0 |
WealthShareM2_BillRate |
\(\lambda_{23}\) |
. |
-15.0 |
-50.0 |
50.0 |
WealthShareM2_BondYield |
\(\lambda_{24}\) |
. |
-15.0 |
-50.0 |
50.0 |
WealthShareM2_Constant |
\(\lambda_{20}\) |
. |
0.52245 |
-50.0 |
50.0 |
WealthShareM2_DepositRate |
\(\lambda_{22}\) |
. |
30.0 |
-50.0 |
50.0 |
WealthShareM2_Income |
\(\lambda_{25}\) |
. |
-0.06 |
-50.0 |
50.0 |