Replication of Corsetti and Mueller (2006)

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Replication of Corsetti and Mueller (2006)

Postby andie » Tue Dec 15, 2015 3:46 pm

Hi all,
I 'm trying to replicate the web appendix for Corsetti and Mueller (2006), "Twin deficits: Squaring Theory, Evidence and Common Sence", but the IRFs I produce are way different than the IRFs presented in the appendix. Could someone please help me figure out what I'm doing wrong?
Thank you very much in advance.
Attachments
Corsetti and Muller (2006), Twin Deficits Squaring Theory, Evidence and Common Sense (Appendix).pdf
(195.09 KiB) Downloaded 272 times
CM_2006_L_IM.mod
(3.7 KiB) Downloaded 238 times
andie
 
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