Hi all,

This question is related to the steady state computation of larger DSGE models. At the moment I solve these model with pen and paper, which can be a very inefficient and long process especially when only one specific feature has been introduced into the model. For example, at the moment Dynare produces the well-known error message that model and steady state do not match, but I am struggling to find my mistake(s). One missing parameter could already cause this. I was thinking to a run a solver on the model equation but then we still don’t know whether the steady state is correct.

Hence my question to the community, do you use pen and paper or do you use a solver approach?

Many thanks.

Best

Rob