Figures 1 and 2 have been produced using Dynare 4.4.2 and Matlab R2012b. To produce Figures 1 and 2 you need to implement the following two steps:

1) run exe_policy_uncertainty_simulations.m
2) run exe_Figures_1_2.m

The first file simulates 1000 pseudo datasets from the DSGE model. The second file implements both identification schemes using data generated from step 1 and produces Figures 1 and 2.

Main Files:
DsgeModel.mod  		is the Dynare model file
runcholvarolsK.m 	implements the recursive (choleski) identification
doProxySVAR_single,m    implements the proxy SVAR identification
