Steady State Values of a variable
Posted:
Thu Dec 10, 2009 11:23 amby Maren
Hi,
is there a way I can declare steady state values in my model block, let's say I want to include the deviation from the steady state of variable, so something like Y-Yss ??
Thank you
Maren
Re: Steady State Values of a variable
Posted:
Thu Dec 10, 2009 11:42 amby pakocica
Dear Maren,
why do you need to declare the steady state value? What are inputs and expected outputs of your model? Do you use Bayesian estimation? Did you have a look into some book, e.g. this one
http://press.princeton.edu/titles/8436.html?
Regards,
Pavel
Re: Steady State Values of a variable
Posted:
Mon Dec 14, 2009 9:48 amby SébastienVillemot
Hi,
This feature is implemented in the unstable version of Dynare, and will be incorporated in the upcoming Dynare 4.1 release.
The syntax looks like that:
- Code: Select all
... Y - STEADY_STATE(Y) ...
Best
Re: Steady State Values of a variable
Posted:
Mon Dec 14, 2009 1:43 pmby Maren
ok, great, thank you so much!