I do not know if this is a more general problem. I was trying to estimate the parameters of a DSGE model. When I tried stoch_simul with a given set of initial values it worked fine. Later when I used those values for estimation and used the command “steady” an error showed up. But it ran fine when I removed the steady command.
Then I tried this out with the file RBC_Est.mod. If I put the command steady after the initval command then it gives an error. It runs fine without the steady command. It would be great if you could check this out.
Regards and thanks.