This repository contains Matlab codes to solve a simplified version of the model in "The role of automatic stabilizers in the US business cycle" by Alisdair McKay and Ricardo Reis.

The simplified model description can be found at:

To begin: 1) download/clone this repository. To download, click on the cloud at left. 2) cd into repository directory. 3) run main.m

Acknowledgements: this repository contains codes written by others notably Michael Reiter. If you make use of these files please give credit where it is due.

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