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February 2021 Newsletter

This is a monthly newsletter of PSL model releases, events, and updates.
Subscribe at https://www.pslmodels.org and follow us on Twitter @PSLModels.

User Highlights

Demo Days: Featuring Tax-Brain, Tax-Cruncher, and how-to guide for contributing to PSL.

OG-USA: Updated with Feb 2021 CBO baseline forecasts.

PCI-China: Updated to 2020 Q4.

Tax-Brain: Documentation got a makeover using Jupyter Book.

Citations: Hammond and Orr (Tax-Calculator); Zhong (PCI-China)

Demo Days

Recent presentations

  • Matt Jensen demonstrated how to use Compute Studio's web API to analyze the effects of reforms using Tax-Brain and Tax-Cruncher.
  • Jason DeBacker demonstrated how users can contribute to PSL projects and manage their workflow with source control (git and GitHub) while contributing.

microdf

A package for analyzing economic microdata as pandas DataFrames.

Releases and new features

  • Release 0.3.0  —  Introduces the pandas-like MicroDataFrame and MicroSeries objects.

OG-USA

An overlapping-generations model for evaluating fiscal policy in the United States

Releases and new features

  • Updated for consistency with the February 2021 CBO baseline forecasts (#713).

ParamTools

A library for parameter processing and validation with a focus on computational modeling projects

Releases and new features

  • Release 0.17.0  —  Allows users to wrap multiple intermediate updates in a single transactions (#123).
  • Release 0.18.0  —  Now able to read JSON files with comments (#124).

PCI-China

A machine learning algorithm that predicts China's policy changes by mining its state-controlled media

Releases and new features

  • Updates the PCI-China indicator to 2020 Q4, maintaining previous predictions of China’s post-COVID policy priorities (#7).

General updates

Tax-Brain

An integrator package for multiple open source tax models

General updates

  • The model's documentation got a makeover using Jupyter Book.

Tax-Calculator

A USA federal individual income and payroll tax microsimulation model

General updates

PSL Catalog
  • Behavioral-Responses is a partial-equilibrium behavioral module that works with Tax-Calculator.
  • Cost-of-Capital-Calculator evaluates the effect of US federal taxes on businesses' investment incentives.
  • microdf is a package for analyzing economic microdata as pandas DataFrames.
  • OG-USA is an overlapping-generations model for evaluating fiscal policy in the United States.
  • OpenFisca-UK is a model of the United Kingdom's tax system based on the OpenFisca platform.
  • ParamTools is a library for parameter processing and validation with a focus on computational modeling projects.
  • PCI-China is a machine learning algorithm that predicts China's policy changes by mining its state-controlled media.
  • Tax-Brain is an integrator package for multiple open source tax models.
  • Tax-Calculator is a USA federal individual income and payroll tax microsimulation model.
  • Tax-Cruncher calculates federal tax liabilities from individual data under a range of policy scenarios.
The asterisked are incubating projects and are expected to be brought into compliance with PSL Criteria.