Using steady state value as a parameter in the policy rule

Dynare help (legacy posts)
1

Hi

Is there a way for dynare to calculate the steady state using command steady and then include the steady state value in the model for the policy rule as a parameter of the policy rule?

e.g. Let’s say my policy rule is i=0.9+0.5*(c-steadystate value of c), so the policy rule responds to the deviation of a variable from the steady state.

Thanks

2

Use the steady_state operator (see the manual).