%%% "Modeling changes in US monetary policy using a time-varying nonlinear
%%% Taylor rule"
%%% Nguyen, Pavlidisz, and Peel

The MATLAB codes are to replicate the main results in the paper "Modeling changes in US monetary policy using a time-varying nonlinear Taylor rule"
Nguyen, Pavlidis, and Peel

1) All data used in the paper are in folder Data (see the paper for sourse of data)

2) The main file that produces the time-varying parameters: Run_file_TVP_estimate.m

3) To construct the expected inflation variance: run Realtime_Forecasts.m. This file will be called to estimate parameters that do not change over time: Est_parameters.m  

