How to run:

Use Matlab

*Before running below: Must change save location variable "loc" in each 'arun_' file

Local shock results/plots  [Figure 3]      --> arun_local.m      [Run time: 743 seconds]
Spillover plot 			   [Figure 4]      --> arun_spillovers.m [315 seconds]
Market shock results/plots [Figure 2, 5-7] --> arun_market.m     [1083 seconds]

*Run times computed on 2-years-old Dell Inspiron laptop.

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Other info:

Operating system --> Windows 10 64-bit
Matlab version   --> R2016a (9.0.0.341360) win64

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List of files: [Note: all have extension ".m"]

- 3 arun_["local" or "spillovers" or "market"]                       
	**runs relevant codes in order

- 4 gen_["main" or "os" (os: order splitting)]_["local" or "market"] 
	**computes equilibrium given parameters

- 2 zcalc_["eqlobj" or "mktqlty"]                                    
	**computes equilibrium objects and market quality measures, respectively (used in gen_... files)

- 2 plot_comp_["agg" or "PD"]                                        
	**creates Figures 5 (_agg) and 7 (_PD)

- 3 plot_main_["local" or "market" or "spillovers"]                  
	**creates Figures 3, 2, 4 (respectively)

- 2 plot_os_["local" or "market"]                                    
	**creates Figures 8, 6 (respectively)

- solve_eql_os                                                       
	**numerically solves equilibrium of Theorem 2

- 3 zprep_["lc" (lc: local) or "mkt" or "spillover"]_plot            
	**creates legends, titles, etc., for plots