Replication Data for "The (Ir)relevance of Limited Asset Market Participation for Monetary Policy: The Role of Union Wage-Setting Structures"
Description
This dataset contains the data and files used to produce Figures 1a, 1b, 2, 3, 4, 5 and A.1 of the paper "The (Ir)relevance of Limited Asset Market Participation for Monetary Policy: The Role of Union Wage-Setting Structures", forthcoming in Economic Modelling. The files are organized into seven folders, one for each figure. They include Excel spreadsheets, source data, MATLAB scripts and graphical files. A README file provides further information on the contents of each folder and instructions for reproducing the figures.
Files
Steps to reproduce
The files are organized into seven folders, corresponding to Figures 1a, 1b, 2, 3, 4, 5 and A.1 of the paper. Figures 1a, 1b, 2, 3 and A.1 can be reproduced using the supplied Excel files and source data. For Figures 4 and 5, the Excel workbooks contain the calculations of the determinacy boundaries based on the model equations and calibration. The relevant values were selected for each range of lambda and included in the corresponding TXT files. To reproduce the diagrams, place each MATLAB script (.m) and its corresponding TXT file in the same folder and run the script. Further details and instructions for each figure are provided in the README and the accompanying boundary selection notes.
Institutions
- Aristotle University of ThessalonikiCentral Macedonia, Thessaloniki