Determine the initial value in DSGE model without linearization

[parasweet]

Hi, I want to know how to determine the initial value of complex model of DSGE?

[jpfeifer]

See

Failure to compute steady state using initval

Set the initial values based on economic intuition. See Remark 15 (initval vs. steady_state_model vs. steadystate-file) in Pfeifer (2013): “A Guide to Specifying Observation Equations for the Estimation of DSGE Models ”.