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Add SS-solve model-run tests for NDC and Points System pension systems #1194

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Add SS-solve model-run tests for NDC and Points System pension systems #1194

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52 changes: 52 additions & 0 deletions tests/test_pensions.py
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Original file line number Diff line number Diff line change
Expand Up @@ -1048,3 +1048,55 @@ def test_SS_solve_defined_benefits(tmp_path):
Y = np.asarray(ss["Y"]).sum()
assert ss["agg_pension_outlays"] > 0.0
assert 0.0 < ss["agg_pension_outlays"] / Y < 1.0


@pytest.mark.local
def test_SS_solve_notional_defined_contribution(tmp_path):
"""
The steady state must solve with the Notional Defined Contribution
pension system and produce positive aggregate pension outlays (the
NDC counterpart to test_SS_solve_defined_benefits, Issue #1014).
"""
from ogcore.execute import runner
from ogcore import utils

p = Specifications(baseline=True, num_workers=1)
p.update_specifications(
{
"pension_system": "Notional Defined Contribution",
"tau_p": 0.1,
"ndc_growth_rate": "LR GDP",
"dir_growth_rate": "r",
}
)
p.baseline_dir = p.output_base = str(tmp_path)
runner(p, time_path=False, client=None)
ss = utils.safe_read_pickle(str(tmp_path / "SS" / "SS_vars.pkl"))
Y = np.asarray(ss["Y"]).sum()
assert ss["agg_pension_outlays"] > 0.0
assert 0.0 < ss["agg_pension_outlays"] / Y < 1.0


@pytest.mark.local
def test_SS_solve_points_system(tmp_path):
"""
The steady state must solve with the Points System pension system
and produce positive aggregate pension outlays (the Points System
counterpart to test_SS_solve_defined_benefits, Issue #1014).
"""
from ogcore.execute import runner
from ogcore import utils

p = Specifications(baseline=True, num_workers=1)
p.update_specifications(
{
"pension_system": "Points System",
"vpoint": 0.5,
}
)
p.baseline_dir = p.output_base = str(tmp_path)
runner(p, time_path=False, client=None)
ss = utils.safe_read_pickle(str(tmp_path / "SS" / "SS_vars.pkl"))
Y = np.asarray(ss["Y"]).sum()
assert ss["agg_pension_outlays"] > 0.0
assert 0.0 < ss["agg_pension_outlays"] / Y < 1.0