This directory contains codes used in

   "Are Structural VARs with Long-Run Restrictions Useful in 
    Developing Business Cycle Theory?"*
    Federal Reserve Bank of Minneapolis Staff Report 364
    by V.V. Chari, Patrick Kehoe, and Ellen McGrattan

to replicate results in the literature.

Directory      DESCRIPTION
----------     ----------------------------------------------------
bquah.m        Matlab file for computing BQ results for 2-D problem
bquahboot.m    Calls bquah and computes bootstrapped confidence bands
ir.m           Main matlab routine for replicating results 
ir2.m          Same as ir.m except for shorter sample period
*chk.m         Files using alternative sign convention

Ellen McGrattan
April, 2005

* The earlier title of the paper was
  "A Critique of Structural VARs Using Real Business Cycle Theory"