A general question:
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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No Steady State
by sulee154151 » Wed Mar 02, 2016 9:16 am
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Re: No Steady State
by jpfeifer » Wed Mar 02, 2016 12:56 pm
What 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?
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