Ramsey policy - steady state model

[Arthur Thoby]

Just a quick check but I do need to lag all predetermined variables such as capital when plotting their time path against say output or labour, right?

[jpfeifer]

Short answer: yes.
Longer answer: your capital stock in the model used for production at time t is

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k(-1)

What dynare plots is

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k(0)

Therefore, if you are thinking about stock at the beginning of period notation, you need to lag the path of capital, because you want to plot k(-1) and not k(0)

[Arthur Thoby]

Thanks Johannes, I wanted to check that the adjustment was not carried out by Dynare.