Replication package for: Excess Capacity and Demand Driven Business Cycles

<div> <p>This package contains replication files for results in "Excess Capacity and Demand Driven Business Cycles" by Tiancheng Sun forthcoming in the <em>Review of Economic Studies</em>. The README file provides details on data sources, how to obtain access to the confidential microdata from the KOF Swiss Economic Institute, and how to run the code.&nbsp;</p> </div>