For anyone interested, Herndon, Ash and Polin did indeed release their data and code. It can be found here: http://www.peri.umass.edu/fileadmin/pdf/working_pap

For anyone interested, Herndon, Ash and Polin did indeed release their data and code. It can be found here: http://www.peri.umass.edu/fileadmin/pdf/working_papers/working_papers_301-350/HAP-RR-GITD-code.zip http://www.peri.umass.edu/fileadmin/pdf/working_papers/worki... . Kudos to them.