Main information

• Title: Using Brexit to Identify the Nature of Price Rigidities
• Authors: Hobijn, Nechio, Shapiro
• Journal: Journal of International Economics
• What: Replication files description

Structure

The replication files for this project are split into three parts, each in its own directory in the folder in the zip file provided. Each directory contains a readme.txt with a more detailed description of what the programs do.

1. MACRODATA
   • Purpose: Makes the plots with the macroeconomic time series
   • Covers: Figures 1 through 3 in the paper
   • System requirements: Python, with environment described in pythonenv.txt in zip file
2. MICRODATA
   • Purpose: Perform the local projections regressions used for the DiD analysis for the quasi natural experiment
   • Covers: Figures 5 through 7 (Data lines)
   • System requirements: STATA and PC/server that can handle the large (18Gb) dataset used for the analysis
3. MODEL
   • Purpose: Solves the Calvo and Menu cost models and generates the relevant tables and figures
   • Covers: Figures 5 and 6
   • System requirements: Python, with environment described in pythonenv.txt in the zip file

ZIP file with replication files

Click here to download. Note that this file is 8.5 Gb.