GJLS replication materials

This page contains the files needed to replicate the results in the latest versions of the following two papers:

Gagnon, Etienne, Benjamin K. Johannsen, and David López-Salido (2021). "Understanding the New Normal: The Role of Demographics," IMF Economic Review, vol. 69(2), pp. 357-390.

Gagnon, Etienne, Benjamin K. Johannsen, and David López-Salido (2022). "Supply-Side Effects of Pandemic Mortality: Insights from an Overlapping-Generations Model," B.E. Journal of Macroeconomics, Special Issue: The Macroeconomic Implications of the Covid-19 Pandemic., vol. 22(1), pp. 1-21.

We make available two versions of the replication files. The first version (7 MBs) includes the minimal set of files needed to replicate the IMF Economic Review results; the programs must be run to create all filtered data and model simulations. The second version (118 MBs) includes the minimal set of files needed to replicate the results in both papers. This second version also includes a copy of the baseline simulation results from the IMF Economic Review paper, which correspond to the no-pandemic baseline and allows the reproduction of pandemic simulations without the need to replicate any simulation from the IMF Economic Review paper.