This directory contains files used for the maximum likelihood
estimation with quarterly data in
                                                                                
    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 also files and documentation for related work in Staff Report 338
                                                                                
FILE             DESCRIPTION
------------     ----------------------------------------------------
batch            Shell with command for running runboot in batch mode
bootstrap_*.m    Codes to compute bootstrapped standard errors 
mleq_ur_*.m      Likelihood functions for model with unit-root technology     
mleseq_ur.m      Variant of mleq_ur.m used in computing standard errors
res_wedge_ur.m   Subroutine with residuals of first-order conditions
runall.m         Code to run MLE in all 2-shock examples (varying datasets)
runall.out       Output of runall.m
runboot.m        Code to run codes for bootstrapped standard errors
runboot.outs     Outputs of runboot.m 
runmleq_ur_*.m   Codes to do MLE plus non-bootstrapped errors
setupdata.m      Code used in setting up alternative datasets
uszvarq_*.dat    Data file loaded during MLE estimation

Ellen McGrattan
April 2005