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Hello,

Is it possible to use steady-state values in the model description block?

That is I want to declare one of the variables, X, as follows X = alpha * Y_steady_state.
And the steady_state value is yet to be calculated.

Thanks and Happy Holidays!

Use the steady_state operator: http://www.dynare.org/manual/index_16.html#Operators
In your case:

Code: Select all

 X = alpha * steady_state(Y)

Thank you, Johannes. I somehow overlooked this.
Happy holidays again!