Hi
Im having some problems to solve a NK model presenting in the following paper about the Japanase problems with deflation and demographics https://www.aeaweb.org/conference/2015/retrieve.php?pdfid=949.
I try to solve it using the steady_state_model block but the equations turn into non-linear ones and I dont know how to deal with it properly. I refuse to use the initval block because I dont know how to guess the values properly for this exercise
The equilibrium conditions of the models can be founded in pages 35 to 38.
Thanks in advance