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-->
{# Load FontAwesome icons #}
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33 changes: 19 additions & 14 deletions content/api/inverse_optimal_tax.html
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Expand Down Expand Up @@ -397,7 +400,7 @@ <h2> Contents </h2>
<h2>iot.inverse_optimal_tax<a class="headerlink" href="#iot-inverse-optimal-tax" title="Permalink to this heading">#</a></h2>
<dl class="py class">
<dt class="sig sig-object py" id="iot.inverse_optimal_tax.IOT">
<em class="property"><span class="pre">class</span><span class="w"> </span></em><span class="sig-prename descclassname"><span class="pre">iot.inverse_optimal_tax.</span></span><span class="sig-name descname"><span class="pre">IOT</span></span><span class="sig-paren">(</span><em class="sig-param"><span class="n"><span class="pre">data</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">income_measure</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">'e00200'</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">weight_var</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">'s006'</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">inc_elast</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">0.25</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">bandwidth</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">1000</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">lower_bound</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">0</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">upper_bound</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">500000</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">dist_type</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">'log_normal'</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">kde_bw</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">None</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">mtr_smoother</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">'kreg'</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">mtr_smooth_param</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">3</span></span></em><span class="sig-paren">)</span><a class="reference internal" href="../../_modules/iot/inverse_optimal_tax.html#IOT"><span class="viewcode-link"><span class="pre">[source]</span></span></a><a class="headerlink" href="#iot.inverse_optimal_tax.IOT" title="Permalink to this definition">#</a></dt>
<em class="property"><span class="pre">class</span><span class="w"> </span></em><span class="sig-prename descclassname"><span class="pre">iot.inverse_optimal_tax.</span></span><span class="sig-name descname"><span class="pre">IOT</span></span><span class="sig-paren">(</span><em class="sig-param"><span class="n"><span class="pre">data</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">income_measure</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">'e00200'</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">weight_var</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">'s006'</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">eti</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">0.25</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">bandwidth</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">1000</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">lower_bound</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">0</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">upper_bound</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">500000</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">dist_type</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">'log_normal'</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">kde_bw</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">None</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">mtr_smoother</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">'kreg'</span></span></em>, <em class="sig-param"><span class="n"><span class="pre">mtr_smooth_param</span></span><span class="o"><span class="pre">=</span></span><span class="default_value"><span class="pre">3</span></span></em><span class="sig-paren">)</span><a class="reference internal" href="../../_modules/iot/inverse_optimal_tax.html#IOT"><span class="viewcode-link"><span class="pre">[source]</span></span></a><a class="headerlink" href="#iot.inverse_optimal_tax.IOT" title="Permalink to this definition">#</a></dt>
<dd><p>Constructor for the IOT class.</p>
<p>This IOT class can be used to compute the social welfare weights
across the income distribution given data, tax policy parameters,
Expand All @@ -410,7 +413,7 @@ <h2>iot.inverse_optimal_tax<a class="headerlink" href="#iot-inverse-optimal-tax"
weight_var, mtr</p></li>
<li><p><strong>income_measure</strong> (<em>str</em>) – name of income measure from data to use</p></li>
<li><p><strong>weight_var</strong> (<em>str</em>) – name of weight measure from data to use</p></li>
<li><p><strong>inc_elast</strong> (<em>scalar</em>) – compensated elasticity of taxable income
<li><p><strong>eti</strong> (<em>scalar</em>) – compensated elasticity of taxable income
w.r.t. the marginal tax rate</p></li>
<li><p><strong>bandwidth</strong> (<em>scalar</em>) – size of income bins in units of income</p></li>
<li><p><strong>lower_bound</strong> (<em>scalar</em>) – minimum income to consider</p></li>
Expand Down Expand Up @@ -530,7 +533,8 @@ <h2>iot.inverse_optimal_tax<a class="headerlink" href="#iot-inverse-optimal-tax"
<dt class="sig sig-object py" id="iot.inverse_optimal_tax.IOT.sw_weights">
<span class="sig-name descname"><span class="pre">sw_weights</span></span><span class="sig-paren">(</span><span class="sig-paren">)</span><a class="reference internal" href="../../_modules/iot/inverse_optimal_tax.html#IOT.sw_weights"><span class="viewcode-link"><span class="pre">[source]</span></span></a><a class="headerlink" href="#iot.inverse_optimal_tax.IOT.sw_weights" title="Permalink to this definition">#</a></dt>
<dd><p>Returns the social welfare weights for a given tax policy.</p>
<p>See Jacobs, Jongen, and Zoutman (2017)</p>
<p>See Jacobs, Jongen, and Zoutman (2017) and
Lockwood and Weinzierl (2016) for details.</p>
<div class="math notranslate nohighlight">
\[g_{z} = 1 + \theta_z \varepsilon^{c}\frac{T'(z)}{(1-T'(z))} +
\varepsilon^{c}\frac{zT''(z)}{(1-T''(z))^{2}}\]</div>
Expand Down Expand Up @@ -581,7 +585,7 @@ <h2>iot.inverse_optimal_tax<a class="headerlink" href="#iot-inverse-optimal-tax"


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Expand Down Expand Up @@ -638,6 +642,7 @@ <h2>iot.inverse_optimal_tax<a class="headerlink" href="#iot-inverse-optimal-tax"

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Expand All @@ -664,8 +669,8 @@ <h2>iot.inverse_optimal_tax<a class="headerlink" href="#iot-inverse-optimal-tax"
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