* MATLAB/DYNARE/STATA replication codes for ''Transmission of U.S. Monetary Policy to Commodity Exporters and Importers'' by Myunghyun Kim

* All codes were written and run with Matlab R2015b, DYNARE 4.6.2 and Stata/SE 16.1.

*** FOLDERS

 - Figures 1-2, Appendice C-E
   This folder contains the codes for Figrues 1 and 2 in the text, figures in Appendice C and D and matrice in Appendix E. 
   Data used in the estimation is in Excel files. For example, data for Cananda for the VARs with block exogeneity is in "Canada_b.xls." 
   Data for Denmark for the VARs with sign and zero restrictions is in "Denmark_sz.xls." The subfolder "data" contains U.S. data.
   First, run "run_block.m", which produces Figure 1, figures in Appendice C and D and matrice in Appendix E.
   Then, run "run_signzero.m" to obtain Figure 2.

 - Figures 3-4, Appendix O
   This folder contains model codes for Figrues 3 and 4 in the text and figures in Appendix O. 
   Run "run_model.m" to replicate the figures.

 - Figure 5
   This folder contains model codes for Figrue 5. 
   Run "run_model_peg.m" to replicate Figrue 5.

 - Figure 6
   This folder contains model codes for Figrue 6. 
   Run "run_model_eia.m" to replicate Figrue 6.

 - Appendix F
   This folder contains the codes for figrues in Appendix F. 
   Data used in the estimation is in Excel files. For example, data for Cananda is in "Canada_comspec.xls."
   Run "run_block_comspec.m" to replicate the figures.

 - Appendix G
   This folder contains model codes for figrues in Appendix G. 
   Data used in the local projection is in the "data.dta" file.
   First, run "run_LP.do", which generate four excel files.
   The excel files contain the estimation results.
   Then, run "run_lp_graph.m" to obtain the figures in Appendix G.

 - Appendix J
   This folder contains model codes for figrues in Appendix J. 
   Run "run_model_lcp.m" to replicate the figures.

 - Appendix K
   This folder contains model codes for figrues in Appendix K. 
   Run "run_model_cominput.m" to replicate the figures.

 - Appendix L
   This folder contains model codes for figrues in Appendix L. 
   Run "run_model_exrate.m" to replicate the figures.

 - Appendix M.1
   This folder contains model codes for figrues in Appendix M.1. 
   Run "run_model_flexcomp.m" to replicate the figures.

 - Appendix M.2
   This folder contains model codes for figrues in Appendix M.2. 
   Run "run_model_nu.m" to replicate the figures.

 - Appendix M.3
   This folder contains model codes for figrues in Appendix M.3. 
   Run "run_model_gam.m" to replicate the figures.

 - Appendix M.4
   This folder contains model codes for figrues in Appendix M.4. 
   Run "run_model_gam0.m" to replicate the figures.

 - Appendix M.5
   This folder contains model codes for figrues in Appendix M.5. 
   Run "run_model_eta.m" to replicate the figures.

 - Appendix N
   This folder contains model codes for figrues in Appendix N. 
   Run "run_model_tfp.m" to replicate the figures.


*** Expected run times

 - "run_block.m": about 6 minutes
 - "run_signzero.m": about 110 minutes
 - "run_block_comspec.m": about 6 minutes 
 - others: trivial