lifelib v0.6.0 (28 August 2022)#

This release adds a new library, economic.

To update lifelib, run the following command:

>>> pip install lifelib --upgrade

If you’re using Anaconda, use the conda command instead:

>>> conda update lifelib

New Library#

The new economic library currently has one model, BasicHullWhite. BasicHullWhite is a simple implementation of the Hull-White model. BasicHullWhite preforms Monte-Carlo simulations and generates paths of the instantaneous short rate based on the Hull-White model. Many properties of the Hull-White model are analytically solvable, and BasicHullWhite also includes formulas analytically solving for the properties.

See economic and BasicHullWhite for more details.