diff --git a/doc/dynare.texi b/doc/dynare.texi index 3010eb73866d79f19cde0772614335cf25f3f60a..014b0dd412d3c02c179144584e03b5d256d138f6 100644 --- a/doc/dynare.texi +++ b/doc/dynare.texi @@ -5066,7 +5066,7 @@ This block specifies quadratic objectives for optimal policy problems More precisely, this block specifies the nonzero elements of the quadratic weight matrices for the objectives in @code{osr}. -A element of the diagonal of the weight matrix is given by a line of +An element of the diagonal of the weight matrix is given by a line of the form: @example @var{VARIABLE_NAME} @var{EXPRESSION}; @@ -5127,7 +5127,7 @@ This command generates all the output variables of @code{stoch_simul}. In addition, it stores the value of planner objective function under Ramsey policy in @code{oo_.planner_objective_value}. -@customhead{Steay state} +@customhead{Steady state} Dynare takes advantage of the fact that the Lagrange multipliers appear linearly in the equations of the steady state of the model under optimal @@ -5138,13 +5138,14 @@ endogenous variables. It greatly facilitates the computation, if the user provides an analytical solution for the steady state (in @code{steady_state_model} block or in a @code{@dots{}_steadystate.m} file). In this case, it is -necessary to provide a steady state solution CONDITIONAL on the value of -the instruments in the optimal policy problem and declared with option -@code{instruments}. Note that choosing the instruments is partly a -matter of interpretation and you can choose instruments that are handy -from a mathematical point of view but different from the instruments you -would refer to in the analysis of the paper. Typical example is choosing -inflation or nominal interest rate as an instrument. +necessary to provide a steady state solution CONDITIONAL on the value +of the instruments in the optimal policy problem and declared with +option @code{instruments}. Note that choosing the instruments is +partly a matter of interpretation and you can choose instruments that +are handy from a mathematical point of view but different from the +instruments you would refer to in the analysis of the paper. A typical +example is choosing inflation or nominal interest rate as an +instrument. @end deffn