# readme.txt
# Date: 22.12.2023

Replication files for "Dampening the financial accelerator? Direct lenders and monetary policy" by Ryan Banerjee and Jose-Maria Serena

To run the codes, you will need to set the working directory in each script. The scripts set this as "C:/JMCB_Direct_Lenders"
You will need to have the Data and Results folders in this directory.

The names of the scripts in the Code folder show which Table or Figure each script replicates

As some scripts save data for later scripts, it is recommended to run them in order of appearance in the paper.

The scripts were run with Stata 18 and R 4.3.1

