Hello all, I am a grad student attempting to use Dynare to speed me along with my dissertation. Please forgive me if my question(s) are remedial or are answered elsewhere.
My current issue is that I am attempting to use Dynare 4.1.1 to solve a model that I have already reduced and linearized. In my calculations, I’m using the format for the variables:
y(t) = log Y(t) / Yss
The manual states that if I add (linear) after the word model in the model section, I can solve a linearized model in Dynare. However, it states that I should either double the variable for deviation from steady state or type exp(repeatedvariable) if I want Dynare to log linearize. My instinct tells me that for my notation I could use (linear) and simply type ‘log (repeatedvariable)’ for each variable, but I’m not certain. Am I on the right track?