This directory contains computer codes used by

   McGrattan and Schmitz. 1998.
   Explaining Cross-Country Income Differences.
   in J. Taylor and M. Woodford eds., Handbook of Macroeconomics

Below are brief descriptions of these codes.  More
details can be found in the comments at the top of
each one.


                                              Ellen McGrattan
                                              June 12, 1998




FILE           DESCRIPTION
----           -----------

comp77         Compilation command
exog.f         Fortran code-computes equilibrium of exogenous growth model
exog.inp       Input file for exog.f
exog.m         Matlab file that simulates time series using answer in exog.f
onefoc.m       Matlab code-first order conditions for 1-sector growth model
onesect.f      Fortran code-computes equilibrium of 1-sector endog. growth model
onesect.inp    Input file for onesect.f
onesect.m      Matlab file that simulates time series using answer in onesect.f
par_jones.dat  Input file for stokey.m with parameters from Jones et al. (1993)
par_kim.dat    Input file for stokey.m with parameters from Kim (1992)
par_king.dat   Input file for stokey.m with parameters from King-Rebelo (1990)
par_lucas.dat  Input file for stokey.m with parameters from Lucas (1990)
par_mine.dat   Input file for stokey.m that user desires
stokey.m       Matlab code-computes steady state of 2-sector endog. growth model
stokey.out     Examples of runs of stokey.m
twofoc.m       Matlab code-first order conditions for 2-sector growth model
twosect.f      Fortran code-computes equilibrium of 2-sector endog. growth model
twosect.inp    Input file for twosect.f
twosect.m      Matlab file that simulates time series using answer in twosect.f



FOR RESULTS IN THE PAPER:
------------------------
Table 3A,B use stokey.m with inputs given in the par_***.dat files 
Figures 17-24 use exog.f and exog.m with inputs given in Table 4A,B
Figures 25-24 use onesect.f and onesect.m with inputs given in Table 4A,B