Hi ,
1.
I use dynare++ because it seems Dynare expand around the determinsitic steady state rather than the stochastic steady state. And dynare++ outputs the stochastic statedy state in the variable dyn_ss.
2.Does dynare ++ do bayesian estimations?
I need to use dynare++ because I want to do estimation around the "stochastic steady state", rather than the "determinsitic steady state" in normal dynare.
I know dynare can do bayesian estimations, but the manual is silent on whether dynare++ can do bayesian estimations.