Set initial parameters

config/industry_names.yml

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+categories:
+  - Agriculture
+  - Forestry
+  - Fishing
+  - Mining
+  - "Manufacturing: food"
+  - "Manufacturing: textiles"
+  - "Manufacturing: wood"
+  - "Manufacturing: paper"
+  - Printing
+  - "Manufacturing: coke"
+  - "Manufacturing: chemicals"
+  - "Manufacturing: pharmaceuticals"
+  - "Manufacturing: rubber"
+  - "Manufacturing: minerals"
+  - "Manufacturing: metals"
+  - "Manufacturing: fabricated metals"
+  - "Manufacturing: computers"
+  - "Manufacturing: electrical"
+  - "Manufacturing: machinery"
+  - "Manufacturing: motor vehicles"
+  - "Manufacturing: other transport"
+  - "Manufacturing: other"
+  - "Machinery repair"
+  - Electricity
+  - Water
+  - Sewerage
+  - Construction
+  - "Wholesale/retail: motor vehicles"
+  - "Wholesale: other"
+  - "Retail: other"
+  - "Land transport"
+  - "Water transport"
+  - "Air transport"
+  - Warehousing
+  - Postal
+  - "Accommodation/food services"
+  - Publishing
+  - Film
+  - Telecoms
+  - Programming
+  - Financial
+  - Insurance
+  - "Other financial/insurance services"
+  - "Real estate"
+  - "Imputed rents"
+  - "Legal/accounting"
+  - Architecture
+  - "R&D"
+  - Advertising
+  - "Other professional"
+  - "Rental services"
+  - "Employment services"
+  - Travel
+  - "Other office services"
+  - "Public administration"
+  - Education
+  - Health
+  - "Social work"
+  - Arts
+  - Sports
+  - "Membership organizations"
+  - "Household goods repair"
+  - "Other personal services"
+  - "Household employers"

config/settings.yml

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+version: "2024-12-31"
+experiment_run: 1
+
+constants:
+  # Industry names file
+  industry_names: "industry_names.yml"
+  # IO table data year
+  data_year: 2019
+  # First date to simulate
+  first_date: "2020-01-01"
+  # Last date to simulate
+  last_date: "2025-10-01"
+
+flags:
+  stochasticity:
+    # Use data from mat files
+    data_from_mat: false # Replace mat by better format
+
+    # Random initial values for parameters
+    random_initial_values: false
+
+elasticities:
+  consumption:
+    - [3, 2.0]
+  eu_export_demand:
+    - [3, 2.0, 2.0]
+  rest_of_world__export_demand:
+    - [3, 2.0, 2.0]
+  production:
+    - [0.4, 0.75, 2.0]
+  investment:
+    - [0.4, 2.0]
+
+files:
+  input_dir: input
+  output_dir: output
+  scenario: 0 # 0: noCovid, 1: covid
+
+  input_derived_dir: derived
+
+  inputs:
+    base:
+      input_output: "uk_input_output2019.xlsx"
+      imports: "uk_input_output2019.xlsx"
+      merge_codes_64: "mergeCodes64.xlsx"
+      merge_codes_105: "mergeCodes105.csv"
+
+    derived:
+      scenario_dependent:
+        # Time series: income of two types (lo, hi) in two scenarios (0,1) = (noCovid, covid)
+        lo_income: "noCollegeIncome.csv"
+        hi_income: "collegeIncome.csv"
+
+        # Time series: hours worked of two types (lo, hi) in two scenarios (0,1)
+        lo_hours: "noCollegeHours.csv"
+        hi_hours: "collegeHours.csv"
+
+        # Time series: capital in two scenarios (0,1)
+        capital: "capital.csv"
+
+        # Forecast scenarios
+        turnover_S: "turnover_s.csv"
+
+      scenario_independent:
+        # Time series: inventories (one scenario only)
+        inventory: "derived/{version}/inventories.csv"
+
+        # Base year: depreciation rates
+        depreciation: "depreciation.csv"
+
+        # Financial data
+        RiskFreeRate: "interestRate.csv"
+        assets: "firmData.csv"
+        DefaultSigma: "modelResults.csv"
+
+        # Forecast scenarios
+        gdp: "gdp_forecast.csv"
+
+  outputs:
+    scenario_dependent:
+      forecast_mat: "forecast.mat"
+      forecast_csv: "forecast.csv"
+
+    scenario_independent:
+      base_data: "ukdata.mat"
+      parms: "parms.mat"
+      log_p: "logp.mat"
+      log_Y: "logy.mat"
+      covid_csv: "cge_results.csv"
+      covid_mat: "turnover_model.mat"
+      trade_csv: "net_exports.csv"
+      simulate_economy_3_mat: "simEcon3.mat"
+      simulate_economy_3_csv: "simEcon3.csv"
+      comp_stats_results: "compStats.mat"
+
+initial_params:
+  price_index:
+    eu: 1
+    eu_export: 1
+    rest_of_world: 1
+    rest_of_world_export: 1
+
+  beginning_price_of_capital: 1.0
+  leverage_grid_resolution: 10
+  assets_destroyed_in_bankrupcy: 0.12 # see Bernanke et al. page 1368