Can the function following steady_state_model in the mod file be a nonlinear system of equations?
In many examples, a steady state is calculated using an equation for a variable. If the equation is very complex and multiple variables are closely linked, how do you write a program in the steady_state_model module? Looking forward to your answer！
If you want to solve a nonlinear equation system, you can use a help function. An example is the example3.mod shipped with every Dynare installation. However, for complicated cases you typically want to use a user-defined steady state file.