I am a newbie in Dynare and DSGE model, I have some questions. Would you please help me?
My model is already in terms of log linearized around steady state by hand. I know in this case the steady state is equal to zero.
As the variables are already in its deviation from steady state, which I assume should be stationary. Should I still need to stationarize the model before doing log linearization?
If I assume there is no technological growth as well as no population growth, I do not need to stationarize the model, isn’t it?
Many thanks, I am looking forward to the experts explanation.