Sovereign default: which shocks matter?
Bernardo Guimaraes
Review of Economic Dynamics

gerafig1.m generates figure 1 (Appendix B.1)
it uses the following m files:
	- dclose.m: deterministic closed economy,
	- dopen.m: deterministic open economy,
	- path1.m and path2.m: calculates the path to convergence of both economies.

gerafig2.m generates figure 2 (Appendix B.2)
it uses the following m files:
	- dd1c.m: calculates the value function in case of default,
	- stoch.m: solves the stochastic model with adjustment costs.

both codes are probably not great in terms of efficiency.

The codes use the auxiliary m files findk1.m, findd1.m, findd2.m, finddel1.m, deriva1.m