Dear all,

I need to get the derivative of some variable at the steady-state for my model and I was wondering the following :

If my stoch_simul command is used at first order, do I have the equality for a variable X and a shock E:

((dX/dE)|E=0) = X_E(1)/Sigma

Where X_E(1) is the first value of my IRF vector after a shock of standard deviation Sigma.

In other words, can I use the first value of the IRF vector as the derivative evaluated at the steady-state*standard deviation.

Thank you very much for your help.

Best regards,

Côme