This directory contains materials used in

   Technology Capital and the US Current Account
   by Ellen McGrattan and Edward Prescott

The subdirectories are 

   ./codes   Files and data for generating main results in the paper
   ./micro   Micro data for Appendix B in SR406, Appendix A in SR407
   ./netex   Files for generating results in Appendix C in SR407
   ./tex     Appendices (also appearing as SR407) and slides

The published version will appear in the American Economic Review.

Ellen McGrattan
June 2009