using steady state from another mod file
Posted: Wed Aug 22, 2012 2:14 amHello,
I was wondering if dynare can do this. The steady state in the 1st mod file will not be correct since I cannot impose some restriction in dynare. While I know the correct steady state can be computed from another mod file, can I use the steady state computed in the second mod file as the steady state for the first mod file?
If I am confusing, it is a question on whether I can use the steady state from another mod file. I use macro processing, so computing from a mod file will be easy.
Thanks a lot,
Frank
I was wondering if dynare can do this. The steady state in the 1st mod file will not be correct since I cannot impose some restriction in dynare. While I know the correct steady state can be computed from another mod file, can I use the steady state computed in the second mod file as the steady state for the first mod file?
If I am confusing, it is a question on whether I can use the steady state from another mod file. I use macro processing, so computing from a mod file will be easy.
Thanks a lot,
Frank