I am new to Dynare and trying to replicate the model of Prasad and Zhang, 2015 “Distributional effects of monetary policy in emerging markets” for my master’s thesis. I could not find the SS analytically (Appendix 1) without making some assumptions (productivity, A_H and A_N=1, S (terms of trade) = 1 and all relative prices = 1 at the SS) but the code is still not working. I do not know if the code is wrong or if it comes from my assumptions. Are there other ways to solve for the SS?
Thanks for the help.