Parameters GL06PCEX2#
The following two tables contain the default values for the hyperparameters and parameters of the GL06PCEX2 model.
Hyperparameters#
Notation |
Unit |
Value |
|
|---|---|---|---|
device |
cpu |
||
requires_grad |
False |
||
scenario_trigger |
0 |
||
sectors |
[‘Household’, ‘Production’, ‘Government’, ‘CentralBank’] |
||
seed |
42 |
||
timesteps |
100 |
||
timesteps_initialization |
1 |
Parameters#
Notation |
Unit |
Value |
Lower Bound |
Upper Bound |
|
|---|---|---|---|---|---|
PropensityToConsumeIncomeBase |
\(\alpha_{10}\) |
. |
0.7 |
0.0 |
1.0 |
PropensityToConsumeIncomeInterest |
\(\iota\) |
. |
4.0 |
0.0 |
10.0 |
PropensityToConsumeSavings |
\(\alpha_2\) |
. |
0.4 |
0.0 |
1.0 |
TaxRate |
\(\theta\) |
% per period |
0.2 |
0.0 |
1.0 |
WealthShareBills_Constant |
\(\lambda_0\) |
. |
0.635 |
0.0 |
1.0 |
WealthShareBills_Income |
\(\lambda_2\) |
. |
0.01 |
0.0 |
1.0 |
WealthShareBills_InterestRate |
\(\lambda_1\) |
. |
5.0 |
0.0 |
10.0 |