OG-USA-Calibration

OG-USA-Calibration is a package that provides code and data to calibrate an overlapping-generations (OG) model, OG-MOD, to the economy of the United States (USA). Together, OG-MOD + OG-USA-Calibration make the OG-USA model that allows for dynamic general equilibrium analysis of federal fiscal policy in the United States. The model output focuses changes in macroeconomic aggregates (GDP, investment, consumption), wages, interest rates, and the stream of tax revenues over time. This documentation of the OG-USA-Calibration package contains the following major sections, which are regularly updated.

  • Contributing to OG-USA-Calibration

  • OG-USA-Calibration API

  • Calibration

  • References

  • Citations of OG-USA

Core Maintainers

Jason DeBacker (GitHub handle @jdebacker) and Richard W. Evans (GitHub handle @rickecon) are the core maintainers of OG-USA-Calibration. If you have questions about or contributions to the model or repository, please submit a GitHub “Issue” described in the Submitting a GitHub Issue subsection or “Pull Request” as described in the Submitting a GitHub Pull Request subsection of the Workflow section of the OG-USA-Calibration Contributor Guide.

Disclaimer

The model is continuously under development. Users will be notified through closed PR threads and through the release notes what changes have been implemented. The package will have released versions, which will be checked against existing code prior to release. Stay tuned for an upcoming release!

Citing OG-USA

OG-USA (Version 0.6.3)[Source code], https://github.com/PSLmodels/OG-USA