Replication package for: Excess Capacity and Demand Driven Business Cycles

This package contains replication files for results in "Excess Capacity and Demand Driven Business Cycles" by Tiancheng Sun forthcoming in the Review of Economic Studies. 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.本程序包包含由孙天成（Tiancheng Sun）撰写、即将发表于《经济研究评论》（Review of Economic Studies）的论文《产能过剩与需求驱动型商业周期》（Excess Capacity and Demand Driven Business Cycles）的结果复现文件。README文件详细说明了数据来源、如何获取瑞士KOF经济研究所（KOF Swiss Economic Institute）的保密微观数据，以及如何运行相关代码。