function [ys,check1]=kim2_steadystate(junk, ys) global M_ options_ for j=1:size(M_.param_names,1) eval([deblank(M_.param_names(j,:)),' = M_.params(j);']) assignin('base',deblank(M_.param_names(j,:)),M_.params(j)); end for j=1:size(M_.endo_names,1) eval([deblank(M_.endo_names(j,:)),' = NaN;']) end check1=0; s=betae*delta*alph/(1-betae+delta*betae); a=as; %as^((1-alph)/(1+theta))*(delta^((phi+theta+1)/(theta+1))/s)^alph; k=(delta/s/a)^(1/(alph-1)); i=delta*k; c=(((a*k^alph)^(1+theta)-s*(i/s)^(1+theta))/(1-s))^(1/(1+theta))*(1-s); lam = (1-s)^theta/c^(1+theta)/(1+theta); ys=[ c k i a lam ];