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Add tools for welfare analysis #887

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jdebacker opened this issue Oct 18, 2023 · 0 comments
Open

Add tools for welfare analysis #887

jdebacker opened this issue Oct 18, 2023 · 0 comments

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@jdebacker
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Something useful might be to add to (perhaps in utils.py) would be the ability to compute an equivalent variation measure of welfare across generations, such as Kotlikoff's Lump Sum Redistribution Authority (LSRA), as used in this paper.

This would allow for the measurement of the impacts of policy reforms on overall welfare across agents (and over time) in the model).

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