This Page Contains Links to the Matlab Code That We Used In This Paper.  We It  Freely Available And Ask Users to Cite Us and To Let Us Know If They Uncover Problems.
 
 

1.    Code Used to Produce Results in Section 3:  Monetary Policy Rules

        Matlab Program That Computes Optimal Coefficients for Different Rules and Stabilization Weights

           Main_Program.m

           Matlab Functions called by Main Program

           klein1.m
           klein2.m
           klein3.m
            klein4.m
           klein5.m
           klein6.m
           klein7.m
 

2.    Code Used to Produce Results in Section 4: Optimal Commitment and Discretion

        Matlab Program to Compute Optimal Commitment Policy

           commitment.m
 

        Matlab Program to Compute Optimal Discretionary Policy

           discretion.m

        Subroutines Called by Commitment Program

           klein.m
           qzswitch.m
           reorder.m