“Cross-Phenomenon Restrictions: Unemployment Effects of Layoff Costs and Quit Turbulence”
Authors: Isaac Baley, Lars Ljungqvist, and Thomas J. Sargent
Date: July 2023

1/ SOFTWARE REQUIREMENTS and OPERATING SYSTEM

The model computation is done in Fortran codes (.f) to be run in Visual Studio 2019 with Intel Fortran compiler or Eclipse IDE 2023 in macOS. 

Matrices of output results (.mat) are read by Matlab R2022b to produce the plots in the paper.  



2/ INSTRUCTIONS

STEP 1: Run Fortran codes (.f) to generate the data behind the figures. Results are saved in matrices (.mat) that will be read by Matlab. 

MAIN TEXT:

-ls_layoff.f
-dhhr_layoff.f
-ls_benchmark.f
-dhhr_benchmark.f
-ls_unif.f
-ls_layoff_statistics.f

APPENDIX C:

-ls_benchmark.f
-ls_exo.f
-ls_delay.f

APPENDIX D:

-dhhr_original.f
-dhhr_benchmark.f
-dhhr_endo.f
-dhhr_imm.f
-dhhr_normal.f

APPENDIX E:

-ls_benchmark.f
-ls_turbequal.f
-ls_limitrisk.f 
-ls_limitrisk.f 

                     
STEP 2:  Run Matlab code “BLS_RED_plots.m”. It loads all matrices with results and generates all plots.