Imposing constraints only on the steady state
Posted: Sat May 03, 2014 5:02 pm
Hi all,
Is it possible to impose restrictions to the steady state of my model without altering the dynamic equations of it? I would like to tell dynare to solve the dynamic system approximating around a steady state that requires additional restrictions that are not active outside the steady state.
Best
David
Is it possible to impose restrictions to the steady state of my model without altering the dynamic equations of it? I would like to tell dynare to solve the dynamic system approximating around a steady state that requires additional restrictions that are not active outside the steady state.
Best
David