Ramsey policy with conditional steady state file


Given the nonlinearity of my model, I need to resort to a steady state file to compute optimal policy (conditional on the values of the instruments I specify in ramsey_policy) - using recursive relations in the steady_state_model block or providing initial values won’t do. Is there any example out there on how to do this? Or any general tips on how to go about it?

Many thanks,


https://git.dynare.org/Dynare/dynare/-/blob/master/tests/optimal_policy/Ramsey/ramsey_ex.mod is an example and Calculate Ramsey steady states. The latter steady state file needs to be updated to Dynare 4.6 but that’s straightforward.