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Krusell rios rull #136

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Kyung Woong Koh - KRR99 Replication Attempt
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27 changes: 27 additions & 0 deletions REMARKs/KRR99/KRR99.md
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---
tags:
- REMARK
- Replication
abstract: # abstract: optional
authors: # required
-
family-names: Koh
given-names: "Kyung Woong"
orcid: "https://orcid.org/0000-0002-1670-6556"
# REMARK fields
# github_repo_url: https://github.com/kwkak37/REMARK # required
version: 1.1 # required
remark-name: KRR99 # required
title-original-paper: On the Size of U.S. Government: Political Economy in the Neoclassical Growth Model # optional
notebooks: # path to any notebooks within the repo - optional
-
code/python/KohKRR99.ipynb
---

# On the Size of U.S. Government: Political Economy in the Neoclassical Growth Model

## Replication of Krusell and Rios-Rull (1999)

## by Kyung Woong Koh

This notebook attempts to replicate "On the Size of U.S. Government: Political Economy in the Neoclassical Growth Model" by Krusell and Rios-Rull (1999), by incorporating a flat income tax rate and lump-sum transfers into an economy with idiosyncratic transitory income shocks, then computing the tax rate chosen by the median agent.
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