I am trying to replicate the paper Aoki Benigno Kiyotaki (2016) Monetary and Financial Policies in Emerging
Markets. My code works properly, but the impulse curves do not coincide with those in the paper (screen attached). Above this, the impulse curves for one of the shocks are not curves but rather short straight lines (attached).
What could be the problem? I checked many times that all equations are OK.