PolicyEngine / PolicyEngine/policyengine-uk

Add PIP statistics to calibration procedure

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calibration
Dominant language
Python
Stars
50
Forks
33
Avg merge
20h 58m
Merged PRs (30d)
14

Description

Per the table in PolicyEngine/openfisca-uk#102, EUROMOD underestimates PIP by about 40%. We currently take FRS reported values so they could be similarly underestimated, though it's not in our validation report. We could use impute additional PIP receipt to hit the target, possibly using a model to predict one's probability a la synthimpute.

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Research direction

Review the table in PolicyEngine/openfisca-uk#102, the current use of FRS-reported PIP values, and the validation report first. Define how additional PIP receipt would be imputed, possibly with a synthimpute-style probability model, and consider the calibration complete when simulated PIP statistics reach the target and appear in the validation report.

Written by the indexing model from the issue text.

Assessment

Tech stack
python
Domain
data
Issue type
Feature
Difficulty
5/5
Estimated time
Over a week
Activity status
Stale
Clarity
Needs clarification
Newbie friendliness
25/100

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