Hello everyone.

I have a question about coding equations in Dynare. My question is about coding linear equations.

Suppose that one of my equations is as follows:

Now I see that the coding of this equation is done as follows:

My question: is it correct to consider everything that comes before the variables (in the form of steady state) as a parameter? ie , txnoybar is a parameter , txoybar is a parameter

And in the parameters block: alpha, betta, …txnoybar , txoybar

Or should we write as follows? :

And in the parameters block: alpha, betta, …rer_bar,o_bar,ybar,…

Or is there no difference between these two writings and both are correct?