This directory contains materials for the revision of 

  On Financing Retirement with an Aging Population
  by Ellen McGrattan and Ed Prescott

The subdirectories are

  ./Codes   Main Fortran files
  ./Data    Macro and micro data (see READMEs for details)
  ./Paper   Main paper, figures, and separate appendix

To replicate tables and figures, go to:

   ./Data/MacroData     Main code is accounts.m
   ./Data/MicroData     Main code is incdist05.f90
   ./Codes/transition   Main codes ./codes
                        (Run plotgains.m, maketabs.m, apptabs.m, 
                         and table7.m to generate published results)

Ellen McGrattan
February 2016