# Failure to compute steady state using initval

**URL:** <https://forum.dynare.org/t/failure-to-compute-steady-state-using-initval/19117>\
**Category:** Steady state\
**Created:** [18 October 2021 11:06 UTC](https://forum.dynare.org/t/failure-to-compute-steady-state-using-initval/19117 "2021-10-18T11:06:11Z")\
**Posts on this page:** 1\
**Showing post:** 8

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**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:** [18 October 2021 12:25 UTC](https://forum.dynare.org/t/failure-to-compute-steady-state-using-initval/19117/8 "2021-10-18T12:25:40Z")

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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)”.

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