Description of data file uribe_schmittgrohe.xls:

Column 1: date

Column 2: growth rate of real per capita GDP in percent per quarter and demeaned.

Column 3: growth rate of real per capita consumption expenditiure on nondurables and services  in percent per quarter and demeaned.

Column 4: growth rate of real per capita gross private residential and nonresidential invetment  percent per quarter and demeaned.

Column 5: natural logarithm of nonfarm business hours worked seasonally adjusted, demeaned.

Column 6: natural logarithm of total factor productivity in the nonfarm business sector adjusted for capital capacity utilization. 

Column 7: natural logarithm of the relative price of investment. 


Simulation of the Theoretical Model
Run the matlab program plotir.m to generate impulse responses implied by the theoretical model (figure 1 in the paper).   Running this program requires use of the Schmitt-Grohe and Uribe perturbation package.