The Global Transmission of U.S. Monetary Policy

Description

Replication package for "The Global Transmission of U.S. Monetary Policy", by Riccardo Degasperi, Simon Seokki Hong, and Giovanni Ricco.

Steps to reproduce

------------------------------------------------------------------------- The Global Transmission of U.S. Monetary Policy Riccardo Degasperi, Simon Hong, Giovanni Ricco ------------------------------------------------------------------------- This folder contains the replication files for all the figures in the main text and most of the figures in the Online Appendix. To replicate a Figure, open the file fig_XX, where XX is the number of the figure as it appears in the paper, and run it. The opening lines of file fig_XX also tell you the URL where the figure of interest gets stored. The CrossBorder Capital Ltd. (CBC) dataset used in several of the exercises is proprietary and we are not authorised to share it. However, most of the results can be replicated without these series. Figure 5 (The Commodity Price Channel) does not require CBC data. Figure 1 does, but you will find in the replication folder the file "fig_1_public.m" which produces a similar plot as in the main text without including the CBC data. The code has been tested with Matlab R2024a. For any queries, contact riccardo.degasperi@bancaditalia.it 10 March 2026

Institutions

• Bank of Italy

  Lazio, Rome
• Bank of England

  England, London
• University of Warwick

  England, Coventry
• École Polytechnique

  Île-de-France, Palaiseau

Categories

Funders

• British Academy

  London

  Grant ID: SG170723

Related Links

Licence