Parameters GL06LP#

The following two tables contain the default values for the hyperparameters and parameters of the GL06LP model.

Hyperparameters#

Notation

Unit

Value

device

cpu

requires_grad

False

scenario_trigger

50

sectors

[‘Household’, ‘Production’, ‘Government’, ‘CentralBank’]

seed

42

timesteps

100

timesteps_initialization

1

Parameters#

Notation

Unit

Value

Lower Bound

Upper Bound

ExpectationWeightBondPrice

\(\chi\)

.

0.1

0.0

1.0

PropensityToConsumeIncome

\(\alpha_1\)

.

0.8

0.0

1.0

PropensityToConsumeSavings

\(\alpha_2\)

.

0.2

0.0

1.0

TaxRate

\(\theta\)

% per period

0.1938

0.0

1.0

WealthShareBills_BillRate

\(\lambda_{22}\)

.

1.1

-10.0

10.0

WealthShareBills_BondReturn

\(\lambda_{23}\)

.

-1.0

-10.0

10.0

WealthShareBills_Constant

\(\lambda_{20}\)

.

0.44196

0.0

1.0

WealthShareBills_Income

\(\lambda_{24}\)

.

-0.03

-1.0

1.0

WealthShareBonds_BillRate

\(\lambda_{32}\)

.

-1.0

-10.0

10.0

WealthShareBonds_BondReturn

\(\lambda_{33}\)

.

1.1

-10.0

10.0

WealthShareBonds_Constant

\(\lambda_{30}\)

.

0.3997

0.0

1.0

WealthShareBonds_Income

\(\lambda_{34}\)

.

-0.03

-1.0

1.0