BHLP Model Code, Version 1.0

Authors: Barthelemy Bonadio, Zhen Huo, Andrei Levchenko and Nitya Pandalai-Nayar

Date: September 2023

This site presents the model description and the code to implement the Bonadio-Huo-Levchenko-Pandalai-Nayar (BHLP) model. The BHLP model is a multi-country, multi-sector general-equilibrium global network model with flexible labor supply, suitable to study international propagation of business cycle shocks. It is built in successive steps in Huo, Levchenko, and Pandalai-Nayar (2023a), Bonadio, Huo, Levchenko, and Pandalai-Nayar (2021), and Bonadio, Huo, Levchenko, and Pandalai-Nayar (2023b). Please cite these three papers if you use the code in your own work. The user manual and the code are provided as a public service. We do not guarantee absence of errors in either the user manual or in the code. Please contact us with corrections and suggestions.

User Manual

Code Package

Additional Related Materials


From Huo, Levchenko, and Pandalai-Nayar (2023c): From Bonadio, Huo, Levchenko, and Pandalai-Nayar (2021):
  • Replication materials
    * Unlike the master code above, in this model labor is supplied at the occupation level, rather than sector
From Huo, Levchenko, and Pandalai-Nayar (2023a):