Hi

I am new in dynare I would like to ask some questions regarding calculation steady state values.

I am trying to replicate a one paper from Pierre Agenor called “optimal fiscal policy under commodity fiscal policy”. the log-linearized and steady state equations are used to solve this model.

There are 39 non-linear steady state equations. To use steady state values so as to solve log-linearized equations (such as I*Iss=IG*IGss+IPss*IP is loglinearized equation and Iss is coming from steady state solutions), I am using fsolve.

Firstly, would like to ask Can I introduce multiplicative constants for some of 39 steady state equations to solve these 39 nonlinear equations?

For example, I have DGss=(PRss^(1/pr))*Yss equation for goverment debt and Fss=(chi*TOss)/phiF for sovereign fund. Can I introduce DGss=0,1*Yss and Fss=0,02*Yss multiplicative constants instead of previous two equations .

Secondly, will it be wrong to use real data which I will have from data source such imf instead of using steady state values which I obtain from solving 39 nonlinear steady state equations by using fsolve .

If you help me I will be very happy

Thanks in advance

Sincerely yours

Cumhur