Overlay recession bands on a plot of multiple time series.

Load data on credit defaults, and extract the predictor variables in the first four columns.

load Data_CreditDefaults
X0 = Data(:,1:4);
T0 = size(X0,1);

Convert the dates to serial date numbers, as required by recessionplot.

dates = datenum([dates,ones(T0,2)]);

Create a time series plot of the four credit default predictors.

figure;
plot(dates,X0,'LineWidth',2);
ax = gca;
ax.XTick = dates(1:2:end);
datetick('x','yyyy','keepticks')
xlabel('Year');
ylabel('Level');
axis tight;

Overlay recession bands corresponding to U.S. recessions reported by the National Bureau of Economic Research.

recessionplot;

The plots shows that two recessions occurred within the range of the time series.

Overlay recession bands on a plot of multiple time series. Return the handles of the recession bands so you can change their color and transparency.

Load data on credit defaults, and extract the predictor variables in the first four columns.

load Data_CreditDefaults
X0 = Data(:,1:4);
T0 = size(X0,1);

Convert dates to serial date numbers, and then plot the four time series.

dates = datenum([dates,ones(T0,2)]);

figure;
plot(dates,X0,'LineWidth',2);
ax = gca;
ax.XTick = dates(1:2:end);
datetick('x','yyyy','keepticks')
xlabel('Year');
ylabel('Level');
axis tight;

Overlay recession bands, returning the handles to the bands. Change the band color to red and increase the transparency.

hBands = recessionplot;
set(hBands,'FaceColor','r','FaceAlpha',0.4)