This folder contains all the matlab and dynare codes that replicate the quantitative results.

Steps for running the codes:

1. Run RunIRF_Benchmark.m to replicate Figure 1
2. Run RunIRF_TwoChannel.m to replicate Figure 2
3. Run RunIRF_Policies.m to replicate Figure 3-7
4. Run RunWelfare.m to replicate Figure 8


More details about the codes

%   a. DynHousingIRF_.mod dynare files for impulse responses with different policies
%   b SolveAllSteadyState.m and SolveSteadyState.m, solve steady states
%   c. RunPlot_.m, matlab files for plotting impulse responses

