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Relax assumption of constant elasticities #21

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jdebacker opened this issue Sep 29, 2023 · 1 comment
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Relax assumption of constant elasticities #21

jdebacker opened this issue Sep 29, 2023 · 1 comment
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enhancement New feature or request NTA2023 Issue we'd like to address for NTA meetings

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The model currently only allows a scalar for the elasticity of taxable income parameters, inc_elast. We should generalize so the elasticity can vary over income, z.

Gruber and Saez (2002) provide estimates of the elasticity of taxable income at different points in the income distribution, which can be helpful in informing a default calibration with non-constant elasticities.
@jdebacker jdebacker added enhancement New feature or request NTA2023 Issue we'd like to address for NTA meetings labels Sep 29, 2023
@jdebacker jdebacker mentioned this issue Oct 27, 2023
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Resolved with PR #23

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