TRS5.FOR is a Fortran code that: 1. computes steady states for the incomplete markets version of the PRODUCTION economy, and 2. computes transition between two steady states. A fortran compiler is therefore needed to create the executable file corresponding to this code (I use Digital Visual Fortran Professional Edition 6.0.0.). The code uses: trs51.dat: This file contains most values for the parameters in utility functions, technology depreciation, etc. trs52.dat: This file contains parameter values describing the stochastic structutre of idiosyncratic shocks. trs53.dat: We store here the stock of capital in the iterations to find a steady state. Once the program is executes, trs5.tst stores the results. The file trs55.dat is an auxiliary file (currently not used) that can be used to store intermediate results/tests. TRS6.FOR is a Fortran code that: 1. computes steady states for the incomplete markets version of the EXCHANGE economy, and 2. computes transition between two steady states. The code uses: trs61.dat: This file contains most values for the parameters in utility functions, technology depreciation, etc. trs62.dat: This file contains parameter values describing the stochastic structutre of idiosyncratic shocks. trs63.dat: We store here the stock of capital in the iterations to find a steady state. Once the program is executes, trs6.tst stores the results. The file trs66.dat is an auxiliary file (currently not used) that can be used to store intermediate results/tests.