diff --git a/doc/dynare.texi b/doc/dynare.texi index 9ec86caf5..0a9751ae4 100644 --- a/doc/dynare.texi +++ b/doc/dynare.texi @@ -1853,7 +1853,7 @@ for the non-linear solver implemented in @code{simul}. For this last reason, it necessary to provide values for all the endogenous variables in an @code{endval} block (even though, theoretically, initial conditions are only necessary for forward -variables). If some exogenous variables are not mentionned in the +variables). If some variables, endogenous or exogenous, are not mentionned in the @code{endval} block, a zero value is assumed. Note that if the @code{endval} block is immediately followed by a @@ -1923,7 +1923,8 @@ Variables not initialized in the @code{histval} block are assumed to have a value of zero at period 0 and before. Note that this behavior differs from the case where there is no @code{histval} block, where all variables are initialized at their steady state value at period 0 and -before. +before (except when a @code{steady} command doesn't follow an +@code{initval} block). @examplehead