# Determine the initial value in DSGE model without linearization

**URL:** <https://forum.dynare.org/t/determine-the-initial-value-in-dsge-model-without-linearization/22490>\
**Category:** Steady state\
**Created:** [24 May 2023 07:29 UTC](https://forum.dynare.org/t/determine-the-initial-value-in-dsge-model-without-linearization/22490 "2023-05-24T07:29:56Z")\
**Posts on this page:** 2\
**Page:** 1

<div class="post-metadata">

**Author:** ![parasweet](https://forum.dynare.org/letter_avatar_proxy/v4/letter/p/b9bd4f/32.png) [@parasweet](https://forum.dynare.org/u/parasweet)\
**Post date:** [24 May 2023 07:29 UTC](https://forum.dynare.org/t/determine-the-initial-value-in-dsge-model-without-linearization/22490/1 "2023-05-24T07:29:56Z")

</div>

Hi, I want to know how to determine the initial value of complex model of DSGE?  
 ![image](https://forum.dynare.org/uploads/default/original/3X/2/7/27e75111a41556990b9cf41322cfeb8dee8c3be0.png)

---

<div class="post-metadata">

**Author:** ![jpfeifer](https://forum.dynare.org/user_avatar/forum.dynare.org/jpfeifer/32/5044_2.png) [@jpfeifer](https://forum.dynare.org/u/jpfeifer)\
**Post date:** [24 May 2023 12:55 UTC](https://forum.dynare.org/t/determine-the-initial-value-in-dsge-model-without-linearization/22490/2 "2023-05-24T12:55:56Z")

</div>

See

> [@Failure to compute steady state using initval](https://forum.dynare.org/t/failure-to-compute-steady-state-using-initval/19117/8):
>
> 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](https://drive.google.com/file/d/1r89OU5OE3CBa6tOlj6l3hNVWEaRH5Anv/view?usp=sharing)”.
