The Heterogeneous Responses of Consumption between Poor and Rich to Government Spending Shocks" #17-420
By Eunseong Ma

Data-Program-17-420.zip contains the data and computer codes that are used to compute the equilibrium of the model 
and to generate the statistics and figures reported in the text. 

There are three subdirectories in it.

1. Data" folder contains data explained in the appendix.

2. Estimation folder consists of four subdirectories for corresponding tables or figures. 

3. Fortran folder consists of two subdirectories: Benchmark and DL (Divisible labor) models. 
Each model contains two Fortran projects that are compiled by the Intel Visual Fortran Composer XE 2013: "SteadyState" and "Fluctuation." 
"SteadyState" computes the steady state equilibrim, and "Fluctuation" computes the economy with government spending shocks. 

