There are 14 program files and 3 data files needed to reproduce the results 
in the NBER Macro Annual paper by Carroll and Dunn (1997).  The main program 
which will generate all of the results is called RESULTS.PRG. 

There are three datasets used for input:

1	alldata.rat - all of the aggregate data (used for Tables 1-6 and 11)
2	prelib.rat  - the baseline simulated economy data
3	postlib.rat - simulated economy data after a reduction in the required
		      down payment ratio (aka the 'liberalized' economy')

All of the empirical results for the aggregate data are generated first, 
then the results for the simulated economy. Each of the following program files 
corresponds to one of the tables in the paper:  

To prep all of the necessary aggregate data 			              - prepdata.prg
Table 1 (USCM): The Sentiment-Augmented Campbell-Mankiw Model 	              - uscm.prg
Table 2 (USINN): Effects of Innovations on Nondurables Consumption (US Data)  - usinn.prg
Table 3 (USCDBL): Consumption of Durables, Baseline Equation 		      - uscdbl.prg
Table 4 (USCDWDT): Consumption of Durables and Lagged Balance Sheet Variables - uscdwdt.prg
Table 5 (USHOMES): Total Home Sales					      - ushomes.prg
Table 6 (USDT): Determinants of Debt Growth				      - usdt.prg
Table 11 (USPOST85): Interaction Term in Durables Regressions		      - uspost85.prg
Table 7 (SIMCM): The Simulated Sentiment Augmented Campbell-Mankiw Model      - simcm.prg
Table 8 (SIMINN): Effects of Innovations on Nondurables Consumption (Simulated Data) - siminn.prg
Table 9 (SIMHOMES): Home Sales in the Simulated Economy			      - simhomes.prg
Table 10 (SIMDT): Debt Growth and its Correlates (Simulated Data)	      - simdt.prg

Additional programs needed are as follows:

To generate annuity income estimates, both ours and the FRB-US		      - setzy.src

All programs were written in RATS version 4.20.
