Use more detailed capital gains distributions for top income centiles

PolicyEngine / policyengine-uk

The UK's only open-source static tax-benefit microsimulation model.

https://policyengine.github.io/policyengine-uk/

GNU Affero General Public License v3.0

23 stars 24 forks source link

Use more detailed capital gains distributions for top income centiles #821

Open MaxGhenis opened 4 months ago

MaxGhenis commented 4 months ago

We currently impute capital gains using only Table A1 from Advani and Summer (2020): p5/10/25/50/75/90/95 by income centile. Table A2 shows all 5p quantiles, plus p95/96/97/98/99 which are especially important.