Best practices in Dynare
What you will learn
In these tutorials and videos I will present my personal experience, tips and tricks to make your use of Dynare most efficient. We will cover best practices and some workarounds for common problems one encounters when working with DSGE models in Dynare.
In this tutorial we will discuss four different ways to compute the steady-state of a DSGE model in Dynare. We will cover (1) the steady_state_model block if your steady-state is available in closed-form, (2) the steady_state_model block with a helper function if some variables are not available in closed-form, (3) writing a steadystate MATLAB function, and (4) the initval block.