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CBO Feb 2024 update #439

Merged
merged 16 commits into from
Mar 11, 2024
Merged

CBO Feb 2024 update #439

merged 16 commits into from
Mar 11, 2024

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bodiyang
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@bodiyang bodiyang commented Feb 12, 2024

This work is to update the model with the Congressional Budget Office: February 2024 10-year economic projections. Tax-Data will be under the same policy baseline with CBO.

This work also extends the model forecast to the year 2034.

Brief:

  • Build and correct the update automation algorithm
  • Generate new files of Growth Factor, Stage I and Stage II targets, PUF & CPS weights, PUF ratios.
  • Analysis of the model's forecast performance for next 10 years (2025 - 2034), as in this new report ~ validation with the new CBO forecast; economic index change summary

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bodiyang commented Mar 5, 2024

Have made some software updates, including the taxdata-dev environment requirement

@bodiyang bodiyang mentioned this pull request Mar 6, 2024
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bodiyang commented Mar 6, 2024

@jdebacker @andersonfrailey This PR is ready for review. Please refer to this report for summary.

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All checks pass. Will merge.

@bodiyang bodiyang merged commit 93a4dda into PSLmodels:master Mar 11, 2024
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@jdebacker jdebacker mentioned this pull request Mar 11, 2024
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