Sort out correct order of blocks in perfect foresight Ramsey and document it
initval computes a steady state. But with
ramsey_model, one seems to need the
ramsey_model(planner_discount=0.99); statement before the call to steady and therefore
initval. Also, it is not clear what
steady does in this case. Is it the private sector equilibrium steady state or the Ramsey steady state that is computed.
Relevant test case: