Yasuo Hirose and Atsushi Inoue, "The Zero Lower Bound and Parameter
Bias in an Estimated DSGE Model," Journal of Applied Econometrics,
Vol. 31, No. 4, 2016, pp. 630-651.

"DGP_NKmodel.m" simulates the data used for our baseline experiment in
Section 3.

"RepEst_NKmodel.m" conducts the Monte Carlo experiment.

"NKmodel_est.mod" is a DYNARE mode file used for the Bayesian
estimation. The alternative experiments in Section 3 can be replicated
by changing parameter values in these three files.

"DGP_SWmodel3.m" simulates the data used for our robustness analysis
in Section 4.

"RepEst_SWmodel3.m" conducts the Monte Carlo experiment.

"SWmodel3_est.mod" is a DYNARE mode file used for the Bayesian
estimation.

All these files are ASCII files in DOS format. They are zipped in the
file hi-files.zip. Unix/Linux users should use "unzip -a".

Yasuo Hirose
yhirose@econ.keio.ac.jp
Atsushi Inoue
atsushi.inoue@vanderbilt.edu