 -------------------------------------------------------------------------------
 x_bar :  0.99413967740922149     
 ---------------------------------------------------------------------
 invx :   4.5471085402163353E-002  0.90905267395479750        4.5471085402163353E-002
 ---------------------------------------------------------------------
 Standard deviation of the productivity process is:   0.82965340928178966     
 -------------------------------------------------------------------------------
 alpha :  0.33404940002258698     
 ---------------------------------------------------------------------
 theta :  0.93099999427795410     
 ---------------------------------------------------------------------
 sigma :   2.0000000000000000     
 ---------------------------------------------------------------------
 beta :  0.98136997222900391     
 ---------------------------------------------------------------------
 R_star :   1.0157999992370605     
 ---------------------------------------------------------------------
 delta :   3.7500001490116119E-002
 ---------------------------------------------------------------------
 psi :   70.000000000000000     
 ---------------------------------------------------------------------
 eta :   4.5000000000000000     
 ---------------------------------------------------------------------
 varrho :  0.27500000596046448     
 ---------------------------------------------------------------------
 phi :   5.2000000141561031E-003
 ---------------------------------------------------------------------
 gama :   1.8500000238418579     
 ---------------------------------------------------------------------
 Inflation:   0.14000000059604645     
 ---------------------------------------------------------------------
 tau:    3.2619722187519073E-002 w:   1.4802204370498657     
 ---------------------------------------------------------------------
 tau_h:   0.20999999344348907      tau_k:   0.22499999403953552     
 ---------------------------------------------------------------------
 G/Y:   0.13396817101410596      Y:   0.78697124258688411     
 ---------------------------------------------------------------------
 AUB :   24.833276748657227      BUB :   15.000000000000000     
 ---------------------------------------------------------------------
 AlB :   0.0000000000000000      BlB :   0.0000000000000000     
 ---------------------------------------------------------------------
 SIZE OF a:         400 SIZE OF b:        2000
 ---------------------------------------------------------------------
 KONTROL   6.2238788843752446E-002
 Iteration number           1
 --------------------------------
 DENEME   51.578561720769521     
   10.000000000000000     
   46.390530854463577     
   69.153694957494736     
   22.763186380974503     
   2.2262948768059232E-005
 -------------------------
Sum = 11.873 seconds.
 -------------------------
 Value function converged in           6 iterations
 -----------------------------------------------------
 -----------------------------------------------------
 Sum of pdf over assets:   0.99998370637809375     
 -----------------------------------------------------
 K_L:    12.826651827232551      Y:   0.78552447128433500     
 ---------------------------------------------------------------------
 ---------------------------------
 Aggregate Income :  0.55624013933388261     
 ---------------------------------
 AD/Y is:   0.99982610228927227     
 ---------------------------------------------------------------------
 EXCESS DEMAND IN GOODS + LABOR MARKET  -7.5601565491689726E-005
 ----------------------------------------------------------------------------
 PUBLIC SURPLUS   8.3769502361774606E-005
 ----------------------------------------------------------------------------
 EXCESS SUPPLY OF LABOR  -4.1209633550864933E-005
 ---------------------------------------------------------------------
 H:   0.32898084934613697      L_a_x:   0.32902205897968784      tau:    3.2619722187519073E-002 w:    1.4802204370498657     
 ---------------------------------------------------------------------
 tau/Y:    4.1526042001194086E-002 G/Y:   0.13421491228361895      NX/Y:   -4.3078262415209380E-002 Y:   0.78552447128433500      C/Y:   0.69521955317029493      I/Y:   0.20146976873342473      TR/Y:    1.2000130517143123E-002 SE/Y:    5.4946063429690073E-003 C/M:    15.538481713275782      B/(B+M):   0.98385480492868083     
 ---------------------------------------------------------------------------------------------------
 ---------------------------------------------------------------------
 Targets on bonds   2.9437900809289576E-002  0.48424363471512855       0.91116638484522983       0.97840265603971932        1.0000000000000000     
 ---------------------------------------------------------------------
 Targets on money  0.63485055710081428       0.90006816684405089       0.98571959475592963       0.99733349435216789        1.0000000000000000     
 ------------------------------------------------------------------------
 ENES :   3.4032505764093672        4.5179718130529629     
 ---------------------------------------------------------------------
 Shares of consumption quintiles  0.13846504638188134       0.15642505550405106       0.15706431561473272       0.16829344265272539       0.37975213984660949     
 ---------------------------------------------------------------------
 Shares of income quintiles  0.13710379310231494       0.15512144150160659       0.15542140146643296       0.16470344885012178       0.38764991507952373     
 ---------------------------------------------------------------------
 Gini Coefficient of Total Deposits :   0.26824433490948763     
 ---------------------------------------------------------------------
 Mean-Median Ratio of Consumption :   1.2722762592515480     
 ---------------------------------------------------------------------
 Mean-Median Ratio of Income (data):   1.2865292221902782        1.3400000000000001     
 ---------------------------------------------------------------------
 Top 20/Bottom 20 Ratio of Income (data):   6.1623281120158016        8.0000000000000000     
 ---------------------------------------------------------------------
 Top 20/Bottom 20 Ratio of Consumption :   6.0923313611537839        6.1429000000000000     
 ---------------------------------------------------------------------
 Portfolio composition of the first bin (data):  0.73860859183670002       0.64029999999999998     
 ------------------------------------------------------------------------
 97th percentile on the Lorenz curve for money (data):  0.63485055710081428       0.21110000000000001     
 ---------------------------------------------------------------------
 Fraction of borrowing constrained:    1.9949961764356046E-003
 ---------------------------------------------------------------------
 Gini Coefficient of money (data):  0.56808538863959757       0.77595000000000003     
 ---------------------------------------------------------------------
 Gini Coefficient of bonds (data):  0.79426343559850565       0.78086999999999995     
 ---------------------------------------------------------------------
 Gini Coefficient of total deposits (data):  0.78975867531213417       0.85882999999999998     
 ---------------------------------------------------------------------
 Gini Coefficient of Income (data):   0.23799387031776509       0.37600000000000000     
 ---------------------------------------------------------------------
 Gini Coefficient of Consumption :  0.22959043365231835       0.32800000000000001     
 ------------------------------------------------------------------------
 ----------------------------------------------------------------------------
 alpha :  0.33404940002258698     
 ---------------------------------------------------------------------
 theta :  0.93099999427795410     
 ---------------------------------------------------------------------
 sigma :   2.0000000000000000     
 ---------------------------------------------------------------------
 beta :  0.98136997222900391     
 ---------------------------------------------------------------------
 R_star :   1.0157999992370605     
 ---------------------------------------------------------------------
 delta :   3.7500001490116119E-002
 ---------------------------------------------------------------------
 psi :   70.000000000000000     
 ---------------------------------------------------------------------
 eta :   4.5000000000000000     
 ---------------------------------------------------------------------
 varrho :  0.27500000596046448     
 ---------------------------------------------------------------------
 phi :   5.2000000141561031E-003
 ---------------------------------------------------------------------
 gama :   1.8500000238418579     
 ---------------------------------------------------------------------
 Inflation:   0.14000000059604645     
 ---------------------------------------------------------------------
 tau:    3.2619722187519073E-002
 ---------------------------------------------------------------------
 tau_h:   0.20999999344348907      tau_k:   0.22499999403953552     
 ---------------------------------------------------------------------
 G/Y:   0.13421491228361895      Y:   0.78552447128433500      C/M:    15.538481713275782      C:   0.54611197193062755      M:    3.5145774343193381E-002
 ---------------------------------------------------------------------
 AUB :   24.833276748657227      BUB :   15.000000000000000     
 ---------------------------------------------------------------------
 AlB :   0.0000000000000000      BlB :   0.0000000000000000     
 ---------------------------------------------------------------------
 SIZE OF a:         400 SIZE OF b:        2000 SIZE OF m:           8
 ---------------------------------------------------------------------
 The computation took   12.0260973     seconds!  0.200434953     minutes!
 --------------------------------------------------------
 K/L:    12.826651827232551      H:   0.32898084934613697      L_a_x:   0.32902205897968784      K/Y:    5.3725269527396193      tau:    3.2619722187519073E-002 w:    1.4802204370498657     
 ---------------------------------------------------------------------
 C/Y:   0.69521955317029493      TR/Y:    1.2000130517143123E-002 I/Y:   0.20146976873342473      G/Y:   0.13421491228361895      NX/Y:   -4.3078262415209380E-002 tau/Y:    4.1526042001194086E-002 SE/Y:    5.4946063429690073E-003 B/(B+M):   0.98385480492868083     
 ----------------------------------------------------------------------------------------------------------

