I know some steady state values (for example, Lambda_S = 1
, rgov_S = r_S
or rk_S = (Gamma/beta + 1 + deltaK)
, and others), but it is not enough. For capital, for example, I used kk_S = Kkmean;
and kb_S = Kbmean
as initial values (drawn from data).
- In the mod file, should I create a block with
steady_state_model
for the variables I know andinitval
block for the variables I do not know but have an approximation? - I still do not understand the loop according to steady state guesses. I was looking at Parameter loop in Dynare 5.x - #3 by jpfeifer, Loop over parameters - #67 by cmarch and Looping over initial values - guide/example code - #6 by jpfeifer (with code matlab/evaluate_steady_state.m · master · Dynare / dynare · GitLab), to test the ideas presented. I tried to simplify it to just see the changes in the steady state value of consumption c, but
c_storage
remains empty. That loop starts in line 414 ofLoop_ss_eval.m
. In line 291, I have the sketch of steady states and, in 411, I invoke dynare.
SteadyStateLoop.zip (45.7 KB)