This directory contains material for

    A Critique of Structural VARs Using Real Business Cycle Theory
    Federal Reserve Bank of Minneapolis Staff Report 
    by V.V. Chari, Patrick Kehoe, and Ellen McGrattan

See the README files in each subdirectory.   The main results
are summarized in results/figures.txt.  I also describe what
codes were run to generate these results.


Directory      DESCRIPTION
----------     ----------------------------------------------------
bquah          Blanchard-Quah methodology applied to datasets in literature
data           BEA, CPS, and data used in literature
notes          Notes and proofs of propositions
rbc            Results of MLE estimation and model simulation
results        Results (summarized in figures.txt) along with all figures
                                                                                
Ellen McGrattan
June, 2005