hi
how does Dynare to discover what are the state variables of the model?
because we do not need to declare them differently from the control variables
thanks
hi
how does Dynare to discover what are the state variables of the model?
because we do not need to declare them differently from the control variables
thanks
for those with the same doubt:
For Dynare the state variables of the model are purely predetermined variables and variables that are both predetermined and forward-looking.