Matlab program file for 
"Complete Markets Strikes Back: Is the Reduced-form Measure of Consumption Insurance Reliable?" 
by Gang Sun


This is a simple program to generate Figure 1,the only figure in the paper.

The figure corresponds to Equation (9) and (10) as functions of admissable gamma and rho. Equation (9) is straightforward. In Equation (10), covariance is simulated in the program.