Codes for "Monetary policy and the asset risk-taking channel" by Angela Abbate and Dominik Thaler, for publication at JMCB
Date of this file: 30.1.2019

Files in this bundle:
model_final.mod         This file is the main model file. It needs tp be run with dynare. The code in this file makes use of the remaining 3 files.
data.mat                This file contains the data necessary for the estimation
Relativeresponse2.m     This is an auxiliary file, used only to produce figure 2
data_short.mat          This file contains the data, but starting in 1997, used only to plot figure 3

The 4 files that come together with this readme file produce table 2 and figures 2 and 3. 
To reproduce these outputs, type "dynare model_final.mod" in Matlab 2015 with dynare 4.4.3. When promted, type "1". The estimation takes many hours.
Modifying lines 194-205 the user can run different specifications of the model.

