APRIl 2008

Macroeconomic Implications of Size-Dependent Policies

by Nezih Guner, Gustavo Ventura and Yi Xu

Forthcoming, Review of Economic Dynamics

Guner: Department of Economics, Universidad Carlos III de Madrid and CEPR. Ventura: Department of Eco-
nomics, University of Iowa. Yi: Department of Economics, New York University. Corresponding author: Gustavo
Ventura. Address: Department of Economics, University of Iowa, W358 PBB, Iowa City, IA 52242-1994. 
E-mails: nguner@eco.uc3m.es, gustavo-ventura@uiowa.edu, daniel.xu@nyu.edu

Matlab code simulates the results presented in .

File gvxmain.m is the main code. By changing the tax rate in parameters.m, you should be able to 
generates results presented in  Tables 3-5 of the paper. 

The flow chart shows how different parts of the code interact.

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