| %%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% | |
| % Replicate Tables 5-7 and Figure 3 of "Safe Assets" by Barro, Fernandez-Villaverde, Levintal and Mollerus | |
| %%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% | |
| clear | |
| %% open diary file | |
| FID = fopen('Tables_5_to_7.txt','w'); | |
| fclose(FID); | |
| diary Tables_5_to_7.txt | |
| diary off | |
| %% add folders to search path | |
| homefolder = pwd; | |
| addpath(genpath([homefolder '\solution_methods'])); | |
| %% define models | |
| run('UNIT_IES\define_model'); % THETA = 1 | |
| run('GENERAL_IES\define_model'); % THETA ~= 1 | |
| run('Variable_Disaster_Size\define_model'); % THETA = 1, variable disaster size, defaultable long-term bonds | |
| %% replicate Table 5 | |
| run('UNIT_IES\make_Table_5.m') | |
| %% replicate Table 6 | |
| run('GENERAL_IES\make_Table_6_part_1.m') | |
| run('UNIT_IES\make_Table_6_part_2.m') | |
| %% replicate Table 7 | |
| run('Variable_Disaster_Size\make_Table_7.m') | |
| %% replicate Figure 3 | |
| run('UNIT_IES\Disaster_IRF.m') | |