I would like to compute irfs starting from points away from the steady state. I thought that using an initval would have been enough to specify the point from which I want to compute the irf but it seems like the stoch_simul command always compute the irfs starting from the steady state. The user guide and the reference manual do not agree on this point. The former says that using initval is enough while the latter clearly states that the stoch_simul command computes policies (and therefore irfs) only around the steady state. What am I missing?

Thanks