Replication package: Ifrim et al. (2026): Persistent Global Growth Differences and EA Adjustment - Journal of International Economics

This replication package contains the MATLAB and Dynare code, data files, auxiliary functions, and precomputed results needed to reproduce the main results and online appendix of “Persistent Global Growth Differences and Euro Area Adjustment: Real Activity, Trade and the Real Exchange Rate” by Adrian Ifrim, Robert Kollmann, Philipp Pfeiffer, Marco Ratto, and Werner Roeger (Journal of International Economics). The package includes a master script, Replication_RUN.m, which runs the different model specifications and generates the figures and results reported in the paper and online appendix. The code can either load the precomputed estimation and simulation results included in the package or re-estimate the models from scratch. Because full Bayesian estimation of the large-scale DSGE models is computationally intensive, the package includes saved results for fast replication. The replication files have been tested using MATLAB 2021b and Dynare 6.5. The folders contain auxiliary routines required by the replication code.本复现包包含用于复现Adrian Ifrim、Robert Kollmann、Philipp Pfeiffer、Marco Ratto与Werner Roeger发表于《国际经济学杂志（Journal of International Economics）》的论文《持续性全球增长差异与欧元区调整：实体经济活动、贸易与实际汇率》及其在线附录核心结果所需的MATLAB代码、Dynare代码、数据文件、辅助函数与预计算结果。 本包内置主脚本Replication_RUN.m，该脚本可运行各类模型设定，并生成论文及在线附录中报告的图表与结果。代码既可以加载本包附带的预计算估计与模拟结果，也可从零开始重新估计模型。鉴于大规模动态随机一般均衡（Dynamic Stochastic General Equilibrium, DSGE）模型的全贝叶斯估计计算量庞大，本包提供了已保存的结果以实现快速复现。 本复现文件已在MATLAB 2021b与Dynare 6.5环境下完成测试，各文件夹包含复现代码所需的辅助程序。