Your PM suggested that you’re trying to use this method to impose bounds on simulated variables rather than on the steady state. See Michael’s post here for details on doing that: [The Zero Lower Bound Constraint on Nominal Int. Rate)
Your PM suggested that you’re trying to use this method to impose bounds on simulated variables rather than on the steady state. See Michael’s post here for details on doing that: [The Zero Lower Bound Constraint on Nominal Int. Rate)