Hi all,
Is it possible to set a different initial value for a state variable than the steady state value endogenously computed by the DYNARE? I remember that this was not possible with the older version.
Thanks in advance,
Ippei
Hi all,
Is it possible to set a different initial value for a state variable than the steady state value endogenously computed by the DYNARE? I remember that this was not possible with the older version.
Thanks in advance,
Ippei
Hi Michel,
Thank you very much!!
Best,
Ippei
Dear Michel,
Sorry again. I tried histval. Yet, does this apply to stoc_simul?
I cannot find any difference between impulse responses or stochastic steady states between with and without histval.
Thanks in advance,
Ippei
histval does not affect stoch_simul.
It affects the “forecast” command, that you can use after stoch_simul.
Best,