# Risky Steady State

**URL:** <https://forum.dynare.org/t/risky-steady-state/5985>\
**Category:** Dynare help (legacy posts)\
**Created:** [18 January 2017 16:53 UTC](https://forum.dynare.org/t/risky-steady-state/5985 "2017-01-18T16:53:40Z")\
**Posts on this page:** 1\
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**Author:** ![jpfeifer](https://forum.dynare.org/user_avatar/forum.dynare.org/jpfeifer/32/5044_2.png) [@jpfeifer](https://forum.dynare.org/u/jpfeifer)\
**Post date:** [18 January 2017 21:22 UTC](https://forum.dynare.org/t/risky-steady-state/5985/2 "2017-01-18T21:22:34Z")

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The Coeurdacier et al concept seems problematic. See [replication.uni-goettingen.de/wiki/index.php/Talk:The\_Risky\_Steady\_State\_(AER\_2011)](http://replication.uni-goettingen.de/wiki/index.php/Talk:The_Risky_Steady_State_(AER_2011)). Dynare has Michel Juillard’s risky steady state implemented in a “beta” version, but there is still some work to do. You can play around with it: [github.com/DynareTeam/dynare/tree/master/tests/risky\_ss](https://github.com/DynareTeam/dynare/tree/master/tests/risky_ss)  
More generally, I would refer you to the work of Alexander Meyer-Gohde.

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