The zip-archive HM_progs.zip stores the following files (in addition to this file ReadMe.txt): 1: Walsh.g: The Gauss program to solve and simulate our and Walsh's version of the model of Walsh (2005). 2: Labor1.g: The Gauss program to solve and simulate our model with flexible investment and flexible utilization rate of capital 3: Labor2.g: The Gauss program to solve and simulate our model with exogenous growth 4: Svar.g: The Gauss program to estimate impulse responses. 5: EstPar1.g: The Gauss program to estimate some of the model's parameters in oder to minimize the distance of the model's response to an interest rate shock to the responses computed by Svar.g 6: EstPar2.g: The Gauss program to estimate some of the model's parameters in oder to minimize the sum of squared differences between the empirical second moments from Table 2 of Walsh (2005) and those implied by our model. 7: Vardata.txt: The data to estimate the SVAR. 8: eps_array.fmt: a 300 by 2 by 300 array with pseudo random numbers, use to simulate our models. 9: Svar_ir.fmt: a 6 by 40 by 6 array with impulse responses estimated by Svar.g 10: Svar_var.fmt: a 6 by 40 by 6 array with estimated standard errors 11: Tools.dll: necessary to use our solution algorithm in Gauss. Copy this file in the dlib subdirectory of your Gauss installation. 12: Dforrt.dll: necessary to use Tools.dll on windows plattforms. Copy this file in the windows\system32 subdirectory on the drive where the windows operating system is installed. If you encounter any difficulties in using these program please contact me: alfred.maussner@wiwi.uni-augsburg.de