Learning / Model

PWBM Pipeline Overview

PWBM's models run as one pipeline, each building on the ones before it. Deus projects the US population; Economic Projections turns it into economic series; the tax and Social Security models compute taxes and benefits; Other Budget Projections assembles the federal budget; and the OLG Model simulates the whole economy over time from all of them.

PWBM Pipeline OverviewPWBM's models run as one pipeline, each building on the ones before it. Deus projects the US population; Economic Projections turns it into economic series; the tax and Social Security models compute taxes and benefits; Other Budget Projections assembles the federal budget; and the OLG Model simulates the whole economy over time from all of them. Model links open their documentation pages. Deus US population, year by year Economic Projections GDP, prices, wages, rates Household Tax income + payroll taxes Business Tax corporate income tax Social Security benefits + payroll taxes Other Budget Projections revenues, outlays, debt OLG Interfaces builds the 12 OLG inputs OLG Model dynamic macroeconomic model Legend Population Economy Taxes and benefits Federal budget Macroeconomy