Inflation Expectations Measurement and its Effect on Inflation Dynamics in Colombia
This repository contains the data and codes necessary to replicate the results obtained in the study “Inflation Expectations Measurement and its Effect on Inflation Dynamics in Colombia”.
Steps to reproduce
Instructions for Replication To replicate the results, follow these steps: 1. Download and unzip the repository to your local machine. 2. Open Stata and navigate to the 'Estimation_NKPC_Code' directory. 3. Ensure that the current directory ("cd") is set to the location of the 'Estimation_NKPC folder. 4. Execute the "NKPC_Estimation.do" file to perform the estimation and generate results. 5. After executing the code, you will obtain graphical representations of the results, additionally refer to the 'Results' Excel file included in the repository for detailed results and graphical representations.