This package contains the program codes and data files necessary to replicate
the results of the spillover analysis in 

Economic Policy Uncertainty in the Euro Area:
Cross-country Spillovers and Macroeconomic Impact
By Volker Clausen, Alexander Schloesser and Christopher Thiem
September 2018

Please cite this paper if you use any of this material for your own research.
Also, please do not redistribute or circulate this package without the author's consent.
The author's contact details can be found below.


The program files are known to be working with version 9.00 of the WinRATS software distributed by
Estima (www.estima.com).

To run the programs, extract the folder "EuroEPU" directly onto the c: drive.


The package contains the following files / folders:


"C:\EuroEPU\Code - Main Results.rpf"		This computes the static and dynamic estimations and replicates 
						most of the tables and figures from the paper. 

"C:\EuroEPU\Data\"				This folder contains the data files that are read in by the 
						RATS programs.

"C:\EuroEPU\Code - Incl. US.rpf"		RATS program file for the sensitivity analysis in which we control for US EPU spillovers.


Please direct any inquiries to:

Christopher Thiem
University of Duisburg-Essen
Universitaetsstr. 12
45117 Essen, Germany

E-Mail: christopher.thiem@vwl.uni-due.de