Is there a RATS code to replicate the Wu and Xia (2014) "Measuring the Macroeconomic Impact of Monetary
Policy at the Zero Lower Bound" paper? Many thanks. They have posted a Matlab version but I would prefer to run it in RATS. Thanks a lot.
Wu-Xia Shadow Rate paper
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TomDoan
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- Joined: Wed Nov 01, 2006 4:36 pm
Re: Wu-Xia Shadow Rate paper
Where have they posted a Matlab version?
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aubide
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- Joined: Tue Oct 06, 2015 11:52 am
Re: Wu-Xia Shadow Rate paper
Here
http://faculty.chicagobooth.edu/jing.wu/index.html
under the paper
"Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound"
Angel
http://faculty.chicagobooth.edu/jing.wu/index.html
under the paper
"Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound"
Angel
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aubide
- Posts: 4
- Joined: Tue Oct 06, 2015 11:52 am
Re: Wu-Xia Shadow Rate paper
Hi Tom, did you have a chance to look into this?
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TomDoan
- Posts: 7826
- Joined: Wed Nov 01, 2006 4:36 pm
Re: Wu-Xia Shadow Rate paper
Yes. The EKF isn't that complicated---the real problem is trying to pull all the data from out of ten different data files. If you want to make a single data file, I can look at that in more detail.