I’m trying to replicate Akinci & Queralto (2019). The small model (for which log deviations from SS can be solved by hand) is OK, but when trying to replicate their medium scale model I keep on getting into trouble in the computation of the steady state. The static equations have some non-negligible residuals but not sure that is the problem. Any diagnostic tools I could use to detect problem?
Any help would be greatly appreciated.
Akinci_Queralto_medium_forum.mod (29.4 KB)