Hi

I use one of the math softwares to get the steady state of the model (The model is relatively large and the analytical method is very difficult). That is, I solve the system of Steady State equations in the software

In calibration, we encounter several types of parameters

1- Parameters such as beta delta and … for examle beta=0.98 …

2- Variables in the steady state: such as c_ss/y_ss g_ss/y_ss and … for example c_ss/y_ss=0.54

3- Variables such as interest rates, inflation rates, etc( in the steady state)

My understanding is that when I use the ratio, there is no difference between annual and quarterly data.For example, for c_ss/y_ss, there is no difference between annual and quarterly data. Because it is a ratio.

Now with this understanding; I consider the rest of the parameters annually.For example

, the annual inflation rate=0.05

Annual interest rates=0.06;

I also consider other parameters in this way: beta=0.98 delta=0.02 annualy

So finally my calibration is as follows:

c_ss/y_ss=0.54

g_ss/y_ss=0.15

the annual inflation rate=0.05

the annual interest rates=0.06;

beta=0.98

delta=0.02

The rest of the parameters are obtained by solving the system of equations in the mathematical software.

**Am I wrong?Or I must use quarterly data**