earning_fun: Finding optimal earning under kinked/notched budget set
In bunchr: Analyze Bunching in a Kink or Notch Setting
Description
Usage
Arguments
Details
Value
See Also
Examples
Description
For an agent with quasi-linear iso-elastic utility, find the utility
maximizing earning level.
Usage
1
earning_fun(n, elas, t1, t2, Tax, zstar)
Arguments
n
Ability of person (earnings with zero tax)
elas
elasticity of earnings w.r.t. net-of-tax rate
t1
Tax rate before notch/kink
t2
Tax rate after notch/kink
Tax
height of notch (zero for pure kink)
zstar
place of notch/kink (critical earning point)
Details
earn_funciton is intended to simulate earnings of agents
under a kink or notch.
Value
Optimal earning level.
See Also
Examples
1
earning_fun(1200,0.2,0.1,0.3,100,1000)
bunchr documentation built on May 2, 2019, 8:53 a.m.
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Description Usage Arguments Details Value See Also Examples
Description
For an agent with quasi-linear iso-elastic utility, find the utility maximizing earning level.
Usage
1 | earning_fun(n, elas, t1, t2, Tax, zstar)
|
Arguments
n |
Ability of person (earnings with zero tax) |
elas |
elasticity of earnings w.r.t. net-of-tax rate |
t1 |
Tax rate before notch/kink |
t2 |
Tax rate after notch/kink |
Tax |
height of notch (zero for pure kink) |
zstar |
place of notch/kink (critical earning point) |
Details
earn_funciton is intended to simulate earnings of agents
under a kink or notch.
Value
Optimal earning level.
See Also
Examples
1 | earning_fun(1200,0.2,0.1,0.3,100,1000)
|
R Package Documentation
Browse R Packages
We want your feedback!
Note that we can't provide technical support on individual packages. You should contact the package authors for that.
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