MichaelGelman2020 (REMARK)

REMARKs/MichaelGelman2020/README.md

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+# Michael Gelman (2020), "[What drives heterogeneity in the marginal propensity to consume? Temporary shocks vs persistent characteristics]"
+
+# A replication by [Jionglin Andy Zheng].
+
+## Description [modify]
+
+This repository corresponds to the [Course Project](https://www.econ2.jhu.edu/people/ccarroll/courses/Topics/Syllabus.html) of the course Advanced Macroeconomics II at Johns Hopkins University, by Professor Christopher D. Carroll.
+
+## Location of main files:
+ 1. A notebook attempting to replicate the paper's main results using HARK can be found at Code/Python/Michael_Gelman_MPC_replication.ipynb.
+
+ 2. A document going into more detail on our attempt to replicate can be found at Michael_Gelman_2020.pdf.
+
+ 3. The code that generates all the figures and results in the previous document can be found at Code/Python. Files can be run independently, 
+ or all at once through the scrip ./do_ALL.py. 
+
+ 4. ./do_ALL.py: additionally computes all the results. 
+
+## Package/data requirements
+
+The following packages and data files are required for executing the <tt>REMARK</tt> notebook:
+- econ-ark == 0.11.0
+- pandas == 1.1.3
+- numpy == 1.19.2
+- matplotlib == 3.3.2