"Did the Founding of the Federal Reserve Affect the Vulnerability of the Interbank System to Contagion Risk?"

JMCB ms. #16-292

Mark Carlson and David C. Wheelock

Data (folder labeled "data"):
File listing for bank balance sheet data used to calculate all figures and tables with the exception of Table 2:
1. MS16-292EntirePeriod_States.txt contains balance sheet data aggregated at the state level for country national banks. 
2. MS16-292RCbanks_entireperiod_used.txt contains balance sheet data aggregated at the city level for reserve city and central reserve city national banks included in the sample.
3. MS16-292AllOther_ReserveCities.txt contains aggregate balance sheet data for reserve cities not included in our sample of 18 reserve cities. These data are used in calculations in MS16-292Fig6_9Tab6.R.

Data used for regression reported in Table 2: 
1. MS16-292Seasonal_patterns.txt. 

Programs (folder labeled "programs"):
1. MS16-292Fig1.R: creates and exports Figure 1.
2. MS16-292Fig2.R: creates and exports Figure 2.
3. MS16-292Fig3Tab4.R: creates and exports Figure 3 and Table 4.
4. MS16-292Fig4_5.R: creates and exports Figures 4 and 5.
5. MS16-292Fig6_9Tab6.R: creates and exports Figures 6 through 9 and Table 6.
6. MS16-292Tab1.R: creates and exports Table 1.
7. MS16-292Tab2.do: exports results for Table 2.
8. MS16-292Tab3.R: creates and exports Table 3.
9. MS16-292Tab5.R: creates and exports Table 5.
10. The R functions folder contains simple functions executed throughout the other .R programs.  

Output (folder labeled "output"):
1. Contains .eps and .png files for all of the figures. Named according to figure number with panels A, B, and C when applicable.
2. Contains .csv files for all of the tables with the exception of Table 2. Named according to table number. 
3. MS16-292Tab2.pdf contains the output for Table 2. MS16-292Tab2_regression.tex contains the regression results output from MS16-292Tab2.do, and MS16-292Tab2.tex compiles those results into the .pdf file.

 