This directory contains files for Staff Report 277, ``Can Sticky Price 
Models Generate Volatile and Persistent Real Exchange Rates?'' (with 
Chari and Kehoe).  This is a revised version of our 1996 paper entitled 
``Monetary Shocks and Real Exchange Rates in Sticky Price Models of 
International Business Cycles.''   The December 1998 version of the 
paper (which is referenced in the latest version) is Staff Report 223.

The subdirectories are listed below with a brief description of the
files within.  See the README's and .DOC files in each directory 
for more details.

codes       Matlab routines for computing equilibria and time series
tex         TeX files with paper, technical appendix, etc.
data        Data used in the project




Ellen McGrattan
February 26, 1996