# Steady state with a probability distribution? frictions mod

**URL:** <https://forum.dynare.org/t/steady-state-with-a-probability-distribution-frictions-mod/2751>\
**Category:** Dynare help (legacy posts)\
**Created:** [30 September 2012 23:54 UTC](https://forum.dynare.org/t/steady-state-with-a-probability-distribution-frictions-mod/2751 "2012-09-30T23:54:30Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![euclidean](https://forum.dynare.org/letter_avatar_proxy/v4/letter/e/919ad9/32.png) [@euclidean](https://forum.dynare.org/u/euclidean)\
**Post date:** [30 September 2012 23:54 UTC](https://forum.dynare.org/t/steady-state-with-a-probability-distribution-frictions-mod/2751/1 "2012-09-30T23:54:30Z")

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hello, i have some doubts regarding the steady state derivation in a model with financial frictions.

why there is a probability distribution (hence a volatility value) regarding the credit sector when sequentially solving for the non-stochastic steady state of the model?

i understand this is a cross-sectional volatility, but still seeing a prob distr in the derivation of a s.s. seems not too intuitive.

someone to comment please?