This is the ReadMe.txt file accompanying the code package for:
"The Application of Multiple-Output Quantile Regression to the US Financial Cycle" by Michal Franta

This version of the package: Jan/5/2025, Matlab version: 2022b


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Brief description of files included in the package:
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MQ.m              - replicates Figure 1 and Figure 2 from Section 2 ("Multivariate Quantiles")
MQREG_direct      - replicates results for direct approach from Section 4.1 (in Tables 1a, 1b, 2), Section 4.2 (Table 4),
                    Appendix B (Figure B2), Appendix C (Figure C1 and C2) and Appendix D (Table D1, D2, D3, D4).
                    Note that the specification has to be chosen on lines 12-20. Estimation results for various specifications 
                    can be found in the subfolder "results" as they are very time consuming to replicate.
MQREG_directional - replicates results for directional approach from Section 4.1 (in Tables 1a, 1b, 2), Section 4.2 (Table 4),
		    Section 4.3 (Figures 3 and 4), Section 4.4 (Section 5), Appendix B (Figure B1), Appendix C (Figure C2),
		    and Appendix D (Tables D1 and D2, and Figure D1).



../data		  - subfolder with datasets used by m files above (detailed description of data can be found in Appendix B)
../results        - mat files with estimation results for the direct approach