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Copy file name to clipboardExpand all lines: CHANGELOG.md
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The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
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and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
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## [0.15.0] - 2025-12-03 12:00:00
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### Added
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- A new parameter `baseline_theta` to the `Parameters` class that allows the user to specify whether to use the steady-state replacement rate parameters from the baseline solution in a reform run. See PR [#1077](https://github.com/PSLmodels/OG-Core/pull/1077)
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## [0.14.14] - 2025-11-24 12:00:00
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### Added
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- Create `SS.SS_initial_guesses` function to allow more flexible initial guesses for steady state solution ((PR #1061)[https://github.com/PSLmodels/OG-Core/pull/1061])
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- Robust steady-state solution used for reform solution ((PR #1061)[https://github.com/PSLmodels/OG-Core/pull/1061])
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- Test of `SS.solve_for_j` function ((PR #1061)[https://github.com/PSLmodels/OG-Core/pull/1061])
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### Bug Fix
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- Fixes to deprecated API calls avoid many warnings during testing ((PR #1061)[https://github.com/PSLmodels/OG-Core/pull/1061])
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## [0.14.13] - 2025-11-21 12:00:00
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### Bug Fix
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- Fix calculation of consumption tax revenue with differentiated goods ((PR #1074)[https://github.com/PSLmodels/OG-Core/pull/1074])
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## [0.14.12] - 2025-11-07 12:00:00
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### Bug Fix
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- Use data for pre-time path population distribution (rather than inferring it) ((PR #1071)[https://github.com/PSLmodels/OG-Core/pull/1071])
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- Use data for pre-time path population distribution (rather than inferring it) ([PR #1071](https://github.com/PSLmodels/OG-Core/pull/1071))
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## [0.14.11] - 2025-11-07 12:00:00
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- Any earlier versions of OG-USA can be found in the [`OG-Core`](https://github.com/PSLmodels/OG-Core) repository [release history](https://github.com/PSLmodels/OG-Core/releases) from [v.0.6.4](https://github.com/PSLmodels/OG-Core/releases/tag/v0.6.4) (Jul. 20, 2021) or earlier.
| United States, [OG-USA](https://github.com/PSLmodels/OG-USA)| United Kingdom, [OG-UK](https://github.com/PSLmodels/OG-USA)|Phillipines, [OG-PHL](https://github.com/EAPD-DRB/OG-PHL)|
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| South Africa, [OG-ZAF](https://github.com/EAPD-DRB/OG-ZAF)|Indonesia, [OG-IDN](https://github.com/EAPD-DRB/OG-IDN)|Ethiopia, [OG-ETH](https://github.com/EAPD-DRB/OG-ETH)|
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| India, [OG-IND](https://github.com/OpenSourceEcon/OG-IND)| Malaysia, [OG-MYS](https://github.com/OpenSourceEcon/OG-MYS)||
| United States, [OG-USA](https://github.com/PSLmodels/OG-USA)| United Kingdom, [OG-UK](https://github.com/PSLmodels/OG-USA)|Phillipines, [OG-PHL](https://github.com/EAPD-DRB/OG-PHL)|
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| South Africa, [OG-ZAF](https://github.com/EAPD-DRB/OG-ZAF)|Indonesia, [OG-IDN](https://github.com/EAPD-DRB/OG-IDN)|Ethiopia, [OG-ETH](https://github.com/EAPD-DRB/OG-ETH)|
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| India, [OG-IND](https://github.com/OpenSourceEcon/OG-IND)| Malaysia, [OG-MYS](https://github.com/OpenSourceEcon/OG-MYS)||
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The model output focuses changes in macroeconomic aggregates (GDP, investment, consumption), wages, interest rates, and the stream of tax revenues over time. Although `OG-Core` can be run independently based on default parameter values (currently representing something similar to the United States), it is meant to be a dependency of a country-specific calibration. This documentation contains the following major sections, which are regularly updated.
Copy file name to clipboardExpand all lines: docs/book/content/theory/government.md
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(SecUBI_NonGrowthAdj)=
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###### UBI specification not adjusted for economic growth
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A non-growth adjusted UBI (`ubi_growthadj = False`) is one in which the initial nonstationary nominal-valued $t=0$ UBI matrix $ubi^{\$}_{j,s,t=0}$ does not grow, while the economy's long-run growth rate is $g_y$ for the most common parameterization is positive ($g_y>0$).
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A non-growth adjusted UBI (`ubi_growthadj = False`) is one in which the initial nonstationary nominal-valued $t=0$ UBI matrix $ubi^{nom}_{j,s,t=0}$ does not grow, while the economy's long-run growth rate is $g_y$ for the most common parameterization is positive ($g_y>0$).
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