New code from CBO: Financial regulation and minimum wage

Someone at CBO sent these to me. I expect others may also be interested.

  1. Today, we released an R package (which we called EmpElastR) that allows an interested user install the functions we used to estimate the employment elasticities used in our July report on the effects of the minimum wage, plus an interactive tool that allows users to set a few parameters that can generate up to 164 different policy options. (

  2. In September, we released a model written in Python, which produces estimated budgetary effects for several different types of financial regulation policies. The model generates budgetary results for almost 300 different financial regulatory options, which are then the inputs to an Excel-based interactive tool. (

Wow - this is really cool. Very well written code too!