This folder contains the data and the codes that reproduce the statistics in table 2.

1. The folder "GDP and unemployment autocorrelation_table2" contains: (i) MAT file with the data on GDP and unemployment,
(ii) gdpunemp.m file that contains the code that calculates the autocorrelations of the macroeconomic variables, 
(iii) HP filter function. 
After running the code the results are contained in a variable called "auto_corr"
2. The folder "GDP and unemployment volatilities_table2" contains: (i) Eviews prg file (i.e. Eviews program file)* with
the code doing the calculations of the statistics for the macroeconomic variables, and (ii) the data on GDP and unemployment. 
After running the code the results for each macroeconomic variable (for each country) pop-up in tables.
3. The folder "Hazard rates_table2" contains: (i) Eviews prg file with the code doing the calculations of the statistics
for the hazard rates, and (ii) the data on the hazard rates.
After running the code the results for each macroeconomic variable (for each country) pop-up in tables.



* For running the code please note that you need to change the directory depending on where you've saved the code and the data.