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Initial distributions of permanent income and mNrm #932
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# Conflicts: # Documentation/CHANGELOG.md
…nto Calibration/InitDist
@llorracc requested that the repo where the table comes from be able to download all the data to produce the table. I've done this now. If one clones that repo and runs |
This is marked [WIP] only because it relies on #930, so that should ideally be merged in first. |
# Conflicts: # Documentation/CHANGELOG.md # HARK/datasets/tests/test_load_data.py
Mv77
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[WIP] Initial distributions of permanent income and mNrm
Initial distributions of permanent income and mNrm
Jan 27, 2021
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(This revives #922, which was merged accidentally and reverted)
#592 asks for "a plausible calibration of distributions at age of workforce entry of: -Permanent income -Assets". In discussions with @llorracc, we determined the best place to get such a calibration would be the SCF. This PR works on adding calibrations of these two distributions coming ---as directly and transparently as possible--- from the SCF.
An issue is that we clearly do not want to have the full SCF in the toolbox. The solution that I propose here is:
Please ensure your pull request adheres to the following guidelines: