The files here generate the results of Buera/Moll/Shin's "Well-Intended Policies," to be published
in the Review of Economic Dynamics in January 2013.

(c) Francisco Buera, Benjamin Moll, Yongseok Shin

File #1: pe_ss.f90
It computes the pre-intervention steady state. As input, users need to supply two files.
(i) supportpol40.dat, which is a 40-dimensional vector of discretized entrepreneurial productivity, z.
(ii) distpol40.dat, which is the probability density over the 40 gridpoints.

File #2: pe_ndss.f90
It computes the new steady state with the tax and subsidy policies.

File #3: pe_ndtr.f90
This computes the transition dynamics. It requires the terminal value function save in vfss.zr7, which is an output of File #2.
Also, it requires the initial distribution prs.zr7, which is an output of File #4.

File #4: opttau_pe.m
It determines who will receive subsidies in the initial period.

Note on Execution:
Files 1--3 were compiled using Intel Fortran, and the execution was parallelized over 40 cpus.
File 4 is a Matlab program.