use of steady-state values in the --model-- block

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use of steady-state values in the --model-- block

Postby dynare_usr » Tue Dec 29, 2015 8:25 pm

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!
dynare_usr
 
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Re: use of steady-state values in the --model-- block

Postby jpfeifer » Wed Dec 30, 2015 10:48 am

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)
------------
Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
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Re: use of steady-state values in the --model-- block

Postby dynare_usr » Wed Dec 30, 2015 7:25 pm

Thank you, Johannes. I somehow overlooked this.
Happy holidays again!
dynare_usr
 
Posts: 21
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