No Steady State
Posted: Wed Mar 02, 2016 9:16 amA general question:
can dynare deal with models, which have no steady state?
Many greetings,
Su Lee
can dynare deal with models, which have no steady state?
Many greetings,
Su Lee
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No Steady State
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Posted: Wed Mar 02, 2016 9:16 amRe: No Steady State
Posted: Wed Mar 02, 2016 12:56 pmWhat exactly do you mean with "no steady state"? No unique steady state as in models with unit roots? No steady state because there are trends, but the model is trend stationary? Or do you have anything else in mind?