LICENSE.txt

LICENSING INFORMATION

- For FRED-MD data as provided in [2022-09.csv](data/2022-09.csv), as obtained from https://www.stlouisfed.org/research/economists/mccracken/fred-databases, see the FRED terms of use at https://fred.stlouisfed.org/terms-of-use.html

- For Wu-Xia shadow-rate estimates as provided in [shadowrate_US.xls](data/shadowrate_US.xls) see https://sites.google.com/view/jingcynthiawu/shadow-rates

- For Leo Krippner's estimates, as provided in [SSR_Estimates_2022March.xlsx](data/SSR_Estimates_2022March.xlsx), a copy of his disclaimer and copyright statement regarding his shadow-rate estimates provided in [SSR_Estimates_2022March.xlsx](data/SSR_Estimates_2022March.xlsx) is provided below

- For toolbox code by Elmar Mertens, as provided in the [matlabtoolbox](matlabtoolbox) folder, see the modified BSD license provided therein.

- For all other code, scripts, programs, and SOFTWARE provided with this repository (unless explicitly mentioned in a given file), see the modified BSD license provided below. Code snippets contained Diagnostics.m and DiagnosticsShadowRate.m are based on publicly available code with copyrights indicated in the respective files.

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COPYRIGHT 2024, Andrea Carriero (Queen Mary University of London), Todd Clark (Federal Reserve Bank of Cleveland), Massimiliano Marcellino (Department of Economics, Baffi, Bidsa, IGIER, Bocconi University and CEPR) and Elmar Mertens (Deutsche Bundesbank)


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--- LEO KRIPPNER DISCLAIMER AND COPYRIGHT STATEMENT ---
 From: https://www.ljkmfa.com/disclaimer-copyright/

 The content on this website is information of a general nature and is not intended to address the specific circumstances of any particular individual or entity. Nothing on this website constitutes professional or legal advice.

Leo Krippner and LJK Limited accept no responsibility or liability whatsoever with regard to the content on this website and its use, even in the case of negligence by Leo Krippner or LJK Limited. In particular, without limitation, this disclaimer covers any loss of business, profits, and/or reputation on the part of any party, as a direct or indirect consequence of using the material in any way.

Leo Krippner and LJK Limited assert copyright © for the entire content of this website. Numerical data may not be reproduced, retransmitted, distributed, or broadcast without written permission from Leo Krippner or LJK Limited. The data may be used in figures subject to the following condition: (1) when such data is used, it must appear accurately; and (2) LJKmfa, LJK Limited, and/or a related publication/s of Leo Krippner’s research must be cited as the source. Two suggested publications for Shadow Short Rate estimates are:

Krippner, Leo. (2013) “Measuring the Stance of Monetary Policy in Zero Lower Bound Environments.” Economics Letters, 118, 135–38.

Krippner, Leo. (2015) “ Zero Lower Bound Term Structure Modeling: A Practitioner’s Guide. ” Palgrave-Macmillan.