I an new to Dynare and I would like to ask about the steady-state. I have found the steady-state equations and used them for calibration. After that, I plug in the parameter values in order to find for instance the long-run c/y ratio and compare them to data averages. They seem to be in line with averages, but when I put as intial values my long-run solution in Dynare, the steady-state results are different.
Is that sensible?
Hope to made my question clear and thanks in advance.