Matrix determinant in local variable declaration

Dynare help (legacy posts)
1

Hi all,

In model declaration, we can create model-local variables:

Some of my local variables are solved for from a linear equation system, and I want to apply Cramer’s rule directly in the local variable declaration. So I wonder if it is possible to define matrix in

and it is possible to compute their determinant. If it is, how?

Thanks!

2

No, that is not possible. Matrix operations are best conducted in a _steadystate-file.

3

Thank you, Professor.
One more question, when using _steadystate.m file, could Bayesian Estimation still be conducted in dynare?

4

Sure. That has nothing to do with the steady_state-file or the steady_state_model-block.