diff --git a/preprocessor/SteadyStateModel.cc b/preprocessor/SteadyStateModel.cc
index 6ebf32be3..15437b03f 100644
--- a/preprocessor/SteadyStateModel.cc
+++ b/preprocessor/SteadyStateModel.cc
@@ -93,8 +93,10 @@ SteadyStateModel::writeSteadyStateFile(const string &basename, bool ramsey_polic
   else
     output << "ys_orig_";
   output << ", exo_)" << endl
-         << "% Steady state generated by Dynare preprocessor" << endl
-         << "    global M_" << endl;
+         << "% Steady state generated by Dynare preprocessor" << endl;
+  if (!ramsey_policy)
+    output << "    ys_=zeros(" << symbol_table.orig_endo_nbr() << ",1);" << endl;
+  output << "    global M_" << endl;
 
   for(size_t i = 0; i < recursive_order.size(); i++)
     {