Dynare forums

I have calculated the precise steady state values of the variables in my model (using Matlab), however when I type them in "initval", Octave calculates a whole new steady state! Why does this happen?

Thanks!

Usually, your precise values are wrong or do not match your variable definitions. Use

Code: Select all

resid(1);


before the steady-command to check which equations are not satisfied with your starting values.