This directory contains files for the Fall 2000 issue of
the Quarterly Review with articles:

     The Declining U.S. Equity Premium, 
       by Ravi Jagannathan, Ellen R. McGrattan, and Anna Scherbina

  
     Is the Stock Market Overvalued?
       by Ellen R. McGrattan and Edward C. Prescott

See each subdirectory for a roadmap.