This directory contains data used in  
 
    Technology Capital and the US Current Account
    by Ellen McGrattan and Edward Prescott

The main codes/results are 

    accounts.m:  
       Table 4.  US and Model Components of GNI
       Figure 1. BEA Rates of Return on Foreign Subsidiary Capital
       Figure 2. US and Model Direct Investment Incomes and the Trade Balance 
       Figure 3. US and Model Portfolio Income, Total and Interest Income
       Figure 4. US and Model Direct Investment Positions at Current Cost
       Figure 5. US Consumption Share and US GDP Relative to World GDP
       Figure 6. BEA Rates of Return on Foreign Subsidiary Capital 
                 and Model Predictions

    row.m:
       Table 2.  Model Inputs
                  -


bea   Bureau of Economic Analysis
          ./fa    Fixed Asset Tables
          ./ita   International Transaction Accounts
          ./iip   International Investment Position
          ./nipa  National Income and Product Accounts

fof   Flow of Funds 

ggdc  Groningen Growth and Development Centre