Dynare forums

Hi, I would like to ask one more question. I still do not understand how to write a _steadystate.m file.
I write a standard rbc model. But when I check by hand, the result obtained from _steadystate file is right. But when I put it into dynare, it always told me that some equations do not equal to 0 and the steady states are wrong.
Could anyone help me on this?
Thank you sooooo much!
Best
Jianhuan

Hi,

could you post the mod-file associated plz?

Best

ok
thanks

Hi,

there are 2 ways to declare your steady-state calculations you obtained by hand, either directly in the block initval (see the corrected mod-file 'RBC0' I'm attaching ) or in a steady-steate mfile (see the attached files 'RBC02' and 'RBCO2_steadystate'). Precisely in that last case, you don't have to use the initval block, dynare will go directly in ur ss mfile to find the guess values..

Best

thank you sooo much
I have figured it out.