Exchange rate overshooting (4-panel diagram)

So Prof. Carlos of UPSE has published as a working paper her favorite 4-panel diagram of exchange rate overshooting, following the model by Dornbusch [1976]. This model holds a lot of undergrad memories for me back in 2008, since my drawing of it spread like wildfire in the class and beyond (as some alumni will attest to).

http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/1468