Description Usage Arguments Details
Working life income is an income.
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 | AverageWorkingLifeIncome(prop_of_AWOTE_start_year = 1,
wage_method = "Constant prop AWOTE", deflator = "wage",
scope = "entire", starting_age = 30L, retirement_age = 70L,
AWOTE_in_starting_year = 78200,
short_run_wage_growth = as.numeric(c(0.0225, 0.025, 0.0275, 0.0325, 0.035)),
long_run_wage_growth = 0.0404, long_run_cpi_growth = 0.025,
starting_year = 2016L, verbose = FALSE)
average_working_life_income(prop_of_AWOTE_start_year = 1L,
wage_method = "Constant prop AWOTE", deflator = "wage",
scope = "entire", starting_age = 30L, retirement_age = 70L,
AWOTE_in_starting_year = 78200,
short_run_wage_growth = as.numeric(c(0.0225, 0.025, 0.0275, 0.0325, 0.035)),
long_run_wage_growth = 0.0404, long_run_cpi_growth = 0.025,
starting_year = 2016L, verbose = FALSE)
|
prop_of_AWOTE_start_year |
The proportion of AWOTE of the subject in the |
wage_method |
'Constant prop AWOTE'. |
deflator |
What deflator should be used? |
scope |
Entire? |
starting_age |
The age at which the model begins. Set to 30 by default, rather than a younger age to account for time out of the workforce. |
retirement_age |
Retirement age. |
AWOTE_in_starting_year |
The salary in starting year. |
short_run_wage_growth |
A vector of wage indices. |
long_run_wage_growth, long_run_cpi_growth |
Rate of wage/CPI growth beyond short_run_wage_growth. |
starting_year |
The year to begin. Used for determining superannuation guarantee. |
verbose |
Report intermediate calculations. |
average_working_life_income
is a vectorized version of AverageWorkingLifeIncome
.
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