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Changelog

All notable changes to this project will be documented in this file.

The format is based on Keep a Changelog, and this project adheres to Semantic Versioning.

0.12.0 - 2024-08-20 12:00:00

Added

  • Support for Python 3.12

0.11.17 - 2024-08-18 12:00:00

Added

  • Description of alpha_I in docs
  • Updates valid range of the nominal UBI parameters

Bug Fix

  • Extrapolate alpha_I in parameters.py
  • Ensure alpha_I shape conforms in TPI.py
  • Fix formatting of labels in constants.py

0.11.16 - 2024-08-10 12:00:00

Added

  • Added parameter script make_params.py that generates a markdown file for the documentation parameters.md. Updates Makefile, and GitHub Actions (PR #963)
  • Updated debt-to-GDP plot labels (PR #962)

0.11.15 - 2024-07-30 12:00:00

Bug Fix

  • Make OGcorePlots.mplstyle importable from the package by adding it to setup.py

0.11.14 - 2024-07-30 12:00:00

Added

  • Aesthetic updates to plotting functions in parameter_plots.py and demographics.py

0.11.13 - 2024-07-28 12:00:00

Added

  • Added three new pension types to the model: (i) defined benefits system, (ii) notional defined contribution system, and (iii) points system.

[0.11.12] - 2024-07-26 01:00:00

Bug Fix

  • Fixes extrapolation of nested lists of tax function parameters.

0.11.11 - 2024-06-24 01:00:00

Added

  • Add new parameters for resource constraint tolerances for steady state and time path solution.

0.11.10 - 2024-06-17 01:00:00

Added

  • Add HSV to list of valid tax functions in default_parameters.json

0.11.9 - 2024-06-12 01:00:00

Added

  • Update demographics.py in the case input prompt not work.
  • Add new utility to dump the parameters to a JSON file

0.11.8 - 2024-06-09 01:00:00

Added

  • Updates to demographics.py module to accept token for UN World Population Prospects database access or to download data from the Population-Data repository.

0.11.7 - 2024-06-07 01:00:00

Added

  • Heathcote, Storesletten, and Violante (2017) tax functions to txfunc.py

0.11.6 - 2024-04-19 01:00:00

Added

  • Scatters parameters once in TPI.py
  • Removes Python 3.9 tests from build_and_test.yml

0.11.5 - 2024-04-11 12:00:00

Added

  • Adds a list of file change event triggers to build_and_test.yml so that those tests only run when one of those files is changed.
  • Updates the codecov GH Action to version 4 and adds a secret token.
  • Adds a list of file change event triggers to deploy_docs.yml and docs_check.yml, and limits docs_check.yml to only run on pull requests.

0.11.4 - 2024-04-03 22:00:00

Added

  • Add a function to utils.py to shift lifetime profiles of parameters
  • Add a function to utils.py to compute percentage changes in non-stationary variables
  • Add more functionality to parameters_plots.py, allowing the user to plot parameters from multiple parameters objects together

0.11.3 - 2024-03-08 12:00:00

Added

  • Allow for demographics.py to save downloaded data directly.
  • Retrieve population data from the UN World Population Prospects database through CSV rather than JSON to avoid rate limit errors.

0.11.2 - 2024-02-17 12:00:00

Added

  • Updates demographics.py with more functionality across the time path.
  • Allow the user to have the population distribution from the initial period forward inferred from given fertility, mortality, and immigration rates (functionality to infer immigration from a given evolution of the population is retained, the user specifies what they want to do via arguments to the relevant function calls).
  • Extends all series returned from the get_pop_objs() function over the full transition path of T+S periods (except those that apply only to a single period).
  • Addresses Issues #900 and #899

0.11.1 - 2024-02-12 15:00:00

Added

  • Updated setup.py Python version requirement to be python_requires=">=3.7.7, <3.12"

0.11.0 - 2024-02-06 15:00:00

Added

  • Allow chi_n parameter to vary over the time path (PR #897)
  • Create a demographics module in OG-Core (PR #896)
  • Create a time varying ability matrix (PR # 895)
  • Simplify the extrapolation of arrays over the time path (PR #891)
  • Update the copyright year of documentation to 2024

0.10.10 - 2023-10-25 17:00:00

Added

  • Remove surve_rate parameter (PR #886)
  • Updates to plot_2D_taxfunc (PR #881)

0.10.9 - 2023-09-08 12:00:00

Added

  • PR #880 standardize the time path output length
  • PR #878 fix tax function indexing, dimensions, and plotting. This PR also enables Python 3.11.
  • PR #875 remove unused dependency

0.10.8 - 2023-04-22 12:00:00

Added

  • Adds a 2D monotonic smoothing spline tax function estimation to txfunc.py
  • Changes the tax function parameters objects from NumPy arrays to lists in order to accomodate the nonparametric functions that get passed with the mono and mono2D options

0.10.7 - 2023-03-31 12:00:00

Added

  • Uses lists to pass and access effective tax rate objects etr_params and marginal tax rate objects mtrx_params and mtry_params

0.10.6 - 2023-02-15 12:00:00

Added

  • Uses 300 dpi when saving plots to disk
  • Better labels of the plot_industry_aggregates plots

0.10.5 - 2023-02-14 12:00:00

Added

  • Fix to SS.py to use baseline solution on reform run if dimensions match
  • Fix to test_basic.py dimensions for r_gov_scale

0.10.4 - 2023-02-06 12:00:00

Added

  • New calibration section to documentation (PR #850)
  • Allow government risk premia to vary across time path for parameters r_gov_shift and r_gov_scale (PR #852)

0.10.3 - 2023-01-21 12:00:00

Added

  • Bug fixes for new tax function parameter estimation

0.10.2 - 2023-01-12 12:00:00

Added

  • Adds a new minimum value to the r_gov_shift parameter of -0.3

0.10.1 - 2023-01-05 12:00:00

Added

  • Removes hard coded year label in parameter_plots.plot_population_path() (PR #825)
  • Fixes documentation (PR # 827)
  • Adds "mono" specification to default_parameter.json and test_parameters.py (PR #830)
  • Restricts Python version to be < 3.11 and removes the mkl dependency in environment.yml and setup.py (PR #833 and #840)
  • Updates CI testing to include Mac, Windows, and Linux operating systems and Python 3.9 and 3.10, and solves some CI test issues (PR #836)
  • Increases the maximum values for r_gov_shift and r_gov_scale in default_parameters.json (PR #838)
  • Removes the mkl dependency from environment.yml and setup.py (PR #840)

0.10.0 - 2022-09-27 12:00:00

Added

  • Adds matrix of tax noncompliance parameters to households (PR #816)
  • Incorporate input/output matrix mapping production goods to consumption goods (PR #818)
  • Adds a new monotonic tax function estimation method to txfunc.py (PR #819)

0.9.2 - 2022-08-21 12:00:00

Added

  • Updates the form of the investments tax credit to be on a proxy for investment (depreciated capital) in order to satisfy theoretical requirements of static firms in each industry.
  • Update the documentation
  • Update the requirement for the m_wealth parameter in the wealth tax function to be strictly greater than zero.

0.9.1 - 2022-07-22 12:00:00

Added

  • Adds an investment tax credit parameter to the model
  • Adds a boolean that allows the option to compute a reform using a stored baseline solution rather than recomputing the baseline

0.9.0 - 2022-06-30 12:00:00

Added

  • Adds multiple production industries to the model

0.8.2 - 2022-06-01 12:00:00

Added

  • Formatting of source code with black
  • Last tag before extension of model to include multiple industries

0.8.1 - 2022-04-01 12:00:00

Added

  • Updates PyPI.org packaging setup and includes auto-publishing GH Action (PRs #790, #795, and #797)
  • Cleans up documentation issues and old erroneous references to ogusa package (PR #797)

0.8.0 - 2022-02-18 12:00:00

Added

  • Adds a public capital good (i.e., infrastructure) used to produce private goods and services
  • Adds a financial intermediary that links domestic and foreign savings to investment
  • Improves multiprocessing with Dask
  • Updates documentation
  • Moves testing files outside of the ogcore package source files directory
  • Tests functionality with Python 3.10.

[0.7.0] - 2021-08-30 12:00:00

Added

  • This is the first release of the OG-Core model (formerly the OG-USA model)

Previous versions

Summary

  • Version [0.7.0] on August 30, 2021 was the first time that the OG-USA repository was detached from all of the core model logic, which was named OG-Core. Before this version, OG-USA was part of what is now the OG-Core repository. In the next version of OG-USA, we adjusted the version numbering to begin with 0.1.0. This initial version of 0.7.0, was sequential from what OG-USA used to be when the OG-Core project was called OG-USA.
  • Any earlier versions of OG-USA can be found in the OG-Core repository release history from v.0.6.4 (Jul. 20, 2021) or earlier.