This directory contains files created by Smets and Wouters for their paper: Smets, Frank and Rafael Wouters, 2007, Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach American Economic Review, 97(3), 586-606 We thank Rafael Wouters for sharing these with us. See their readme.doc and readme.pdf for details. To generate usmodel_results.mat and usmodel.log, we ran dynare usmodel in Matlab using the DYNARE software (version 3.05) written by Michel Juillard. Additional statistics that we cite in the paper can be generated by running ./stats.m