Legend for the codes of Labor Selection, Turnover Costs and Optimal Monetary Policy," by Ester Faia, Wolfgang Lechthaler and Christian Merkl

Figure1.m               generates Figure 1
Figure2.mod				generates Figure 2				
Figure3.mod				generates Figure 3
Figure45.m				calls Figure4_ashock.mod, Figure4_ashock_stablePi.mod, Figure5_gshock.mod and Figure5_gshock_stablePi.mod to generate Figures 4 and 5
    Figure4_ashock.mod              generates the Ramsey-IRFs for Figure 4
    Figure4_ashock_stablePi.mod		generates the stable-price-IRFs for Figure 4
    Figure5_gshock.mod              generates the Ramsey-IRFs for Figure 5
    Figure5_gshock_stablePi.mod		generates the stable-price-IRFs for Figure 5
Figure6.mod				generates Figure 6

For Table2 see separate folder and readme
Table3a.mod and Table3b.mod generate the model statistics for Table 3 (first and second column)
Table4a.m, Table4b.mod, Table4c.mod, Table4d.mod and Table4e.mod generate the data statistics and model statistics for Table 4 (first, second and third column)
Table5a.mod, Table5b.mod, Table5c.mod and Table5d.mod generate the four cases in Table 5 (WR10, WR4, FLM10, FLM4)
