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open data Fig_1_a.XLS
data(for=XLS,org=obs) / sizeL	sizeL_mark	sizeH	sizeH_mark	profitL	profitL_mark	profitH	profitH_mark	investL	investL_mark	investH	investH_mark
data(for=XLS,org=obs) / be_me_L	be_me_L_mark	be_me_H	be_me_H_mark
print / sizeL	sizeL_mark	sizeH	sizeH_mark	profitL	profitL_mark	profitH	profitH_mark	investL	investL_mark	investH	investH_mark
print / be_me_L	be_me_L_mark	be_me_H	be_me_H_mark

open data Fig_Groups.XLS
data(for=XLS,org=obs) / growth	 growth_mark value value_mark dividend dividend_mark earning earning_mark
print / growth growth_mark value value_mark dividend dividend_mark earning earning_mark

grparam(FONT="Times New Roman") header 20 axislabels 16 footer 16
grparam(FONT="Times New Roman") key 16
spgraph(vfields=3,samesize,hfields=2,patterns,header="Figure X. Asymmetric effects on disaggregate returns due to changes \\ in the size of the Fed's balance sheet.", $
footer="Note: Each line in the panel shows the cumulative responses of stock returns to a shock to the indicated variable. \\ Dots indicate significane of responses at 68% confidence interval.")
grparam(FONT="Times New Roman") header 20
graph(style=line,patterns,key=bellow,vticks=5,frame=half,nokbox, klabels=||"Small Firms","Big Firms","",""||,overlay=dots,ovsamescale, $
ovcount=2,header="A. Responses of portfolio returns based on firm size.") 4
# sizeL / 1
# sizeH  / 2
# sizeL_mark / 5
# sizeH_mark / 5
graph(style=line,patterns,key=bellow,vticks=5,frame=half,nokbox, klabels=||"Low Profit","High Profit","",""||,overlay=dots,ovsamescale, $
ovcount=2,header="B. Responses of portfolio returns based on operating profitability.") 4
# profitL / 1
# profitH / 2
# profitL_mark / 5
# profitH_mark / 5
graph(style=line,patterns,key=bellow,vticks=5,frame=half,nokbox, klabels=||"Low Investment","High Investment","",""||,overlay=dots,ovsamescale, $
ovcount=2,header="C. Responses of portfolio returns based on investment.") 4
# investL / 1
# investH / 2
# investL_mark / 5
# investH_mark / 5
graph(style=line,patterns,key=bellow,vticks=5,frame=half,nokbox, klabels=||"High BE/ME Ratio","Low BE/ME Ratio","",""||,overlay=dots,ovsamescale, $
ovcount=2,header="D. Responses of portfolio returns based on book to market ratio.") 4
# be_me_H / 1
# be_me_L / 2
# be_me_L_mark / 5
# be_me_H_mark / 5
graph(style=line,patterns,key=bellow,vticks=5,frame=half,nokbox, klabels=||"Dividend Stock","Earning Stock","",""||,overlay=dots,ovsamescale, $
ovcount=2,header="E. Responses of group returns based on high dividend and earnings yield index.") 4
# dividend / 1
# earning / 2
# dividend_mark / 5
# earning_mark / 5
graph(style=line,patterns,key=bellow,vticks=5,frame=half,nokbox, klabels=||"Value Stock","Growth Stock","",""||,overlay=dots,ovsamescale, $
ovcount=2,header="F. Responses of group returns based on growth and value index.") 4
# value / 1
# growth / 2
# value_mark / 5
# growth_mark / 5
spgraph(done)