FirmsPayWages

class bamengine.events.production.FirmsPayWages

Bases: Event

Firms pay wages by deducting wage bill from available funds.

Firms transfer funds to cover their wage obligations. This reduces firm cash (total_funds) by the wage bill amount. Workers receive these wages in the next event (WorkersReceiveWage).

Algorithm

For each firm i:

\[A_i \leftarrow A_i - W_i\]

where \(A_i\) = total_funds, \(W_i\) = wage_bill.

Examples

>>> import bamengine as be
>>> sim = be.Simulation.init(n_firms=100, seed=42)
>>> initial_funds = sim.emp.total_funds.copy()
>>> event = sim.get_event("firms_pay_wages")
>>> event.execute(sim)
>>> # Funds reduced by wage bill
>>> import numpy as np
>>> reduction = initial_funds - sim.emp.total_funds
>>> np.allclose(reduction, sim.emp.wage_bill)
True

Notes

This event must execute after FirmsFireWorkers (wage_bill finalized).

See also

WorkersReceiveWage

Workers receive wages (counterpart event)

bamengine.events._internal.production.firms_pay_wages

Implementation

execute(sim)

Execute the event’s logic.

Mutates simulation state in-place. This method must be implemented by all Event subclasses.

Parameters:

sim (Simulation) – The simulation instance containing all state and configuration.

Returns:

All mutations are in-place.

Return type:

None

Examples

Implement execute in a custom event:

>>> from bamengine import event, ops
>>>
>>> @event
... class CustomPricingEvent:
...     def execute(self, sim):
...         prod = sim.get_role("Producer")
...         # Apply 10% markup to all prices
...         new_prices = ops.multiply(prod.price, 1.1)
...         ops.assign(prod.price, new_prices)

Access configuration and RNG:

>>> @event
... class StochasticEvent:
...     def execute(self, sim):
...         shock = sim.config.h_rho
...         random_values = sim.rng.uniform(0, shock, size=sim.n_firms)
...         # Use random_values in calculations

Notes

The execute method receives full Simulation access, including: - All roles: sim.get_role(“RoleName”) or sim.prod, sim.wrk, etc. - Configuration: sim.config - RNG: sim.rng - Economy state: sim.ec

__init__()

name = 'firms_pay_wages'