Hi, any idea to reduce the value of the residuals to reach the steady-state values. Enclosed my file below for review.

Tax_5.mod (3.1 KB)

Thank you for your time.

Hi, any idea to reduce the value of the residuals to reach the steady-state values. Enclosed my file below for review.

Tax_5.mod (3.1 KB)

Thank you for your time.

Can you please check? I am getting a syntax error.

```
// Steady state values
pi_bar = pi;
y_bar = y;
i_bar = i;
```

is incorrect. Use the `steady_state`

-operator instead. Also check your model.

The Euler equation usually is

```
c^(-sigma) = beta*(1+i)/pi(+1);
```