I have the following question regarding command osr in dynare.
I am curious whether dynare can be used with the model with no forward looking variables? I mean, only backward looking and present period, cos I get an error saying
Error using osr1 (line 38)
Backward or static model: no point in using OSR
Where does osr store optimal parameter that it gets from the computation?
Thank you very much for all suggestions in advance!!