function make_initialize_paremeters(ℼ::Float64 = 1.02)

    function initialize_paremeters()


        eval("Inflation Target")
        eval(Meta.parse("const global 𝜋 = "*string(ℼ)) ) 
        # params 
        @eval begin

            "Utility function parameter"
            const global σ = 2;      
            "Discount Factor"
            const global β = 0.96; 

            "Share of debt to be repaid each period"
            const global δᶠ = 0.2;
            "Share of share of debt that must be stored as deposit/liquidity"
            const global δˡ = .8;
            const global pₑᵤ = 0.08; 
            const global pᵤₑ = 3/7;
            "Status probability matrix"
            const global λ = [1-pₑᵤ pₑᵤ;pᵤₑ 1-pᵤₑ] ;
            "Labor Supply"
            const global Lₛ = (λ^2000)[1] 
            "Probability of reentering market if defaulted"
            const global ζ = 0.5;
            "unemployment benefit (real)"
            const global ϐ = 0.25 ;
            "Chi. Paremeter representing increased cost of consumption if defaulted (from 0 - absolute cost to 1 - no cost and decreased cost if 1+)"
            const global Χ = 1  ;
            "Banks - depositors monopolistic advatage parameter"
            const global ρ = .95 ;
            "Liquidity in advance punishment parameter"
            const global ξ = MathConstants.φ - 1

        end
        # const global AreBanksRetarded = false 

    end

    return (initialize_paremeters)

end

initialize_paremeters = make_initialize_paremeters()
initialize_paremeters() 