Economic

Economic scenarios

The Economic spaces provides economic assumptions such as interest rate scenarios.

This Space is included in:

• simplelife

• nestedlife

• ifrs17sim

• solvency2

Parameters

Economic Space is parameterized with ScenID:

>>> simplelife.Economic.parameters
('ScenID',)

Each ItemSpace represents economic scenarios for a specific ScenID. For example, Economic[1] contains economic scenarios for ScenID 1.

ScenID

Scenario ID

Type

int

References

Scenario

ExcelRange object holding the data of interest rate assumptions. The data is read from Scenarios range in input.xlsx.

Example

An example of Economic in the simplelife model:

>>> simplelife.Economic[1].DiscRate(0)
0.015

Cells

DiscRate(t)	Rates for discount cashflows
InflFactor(t)	Inflation factors to adjust expense cashflows
InvstRetRate(t)	Rate of investment return

DiscRate(t)

Rates for discount cashflows

InflFactor(t)

Inflation factors to adjust expense cashflows

InvstRetRate(t)

Rate of investment return

Set equal to the DiscRate()