Tight Money-Tight Credit: Coordination Failure in the Conduct of Monetary and Financial Policies

This project contains replica codes of all tables and figures presented in the paper and appendix of "Tight Money-Tight Credit: Coordination Failure in the Conduct of Monetary and Financial Policies". Among these files, you will find those containing the model we used to conduct our analysis (compatible with Dynare version 4.5.x), as well as the solver algorithms to compute the model’s long-run equilibrium using Matlab’s parallel computing toolbox, and Andreasen, Fernández-Villaverde and Rubio-Ramírez (2017)’s pruning algorithm to solve the stochastic steady state of the model. You will also find some pre-loaded results in case you want to jump directly into replicating the paper’s figures and tables.