Hi everybody,
I am using the dynare 4.2.0. with MATLAB version 7.1.0 on Windows 2002.
I have a problem with the User Guide’s example file fs2000ns.mod. When I run it, I always get this error message:
Warning: Some of the parameters have no value (alp, bet, gam, mst, rho, psi, del) when using steady. If these parameters are not initialized in a steadystate file, Dynare may not be able to solve the model…
In test_for_deep_parameters_calibration at 46
In steady at 33
In fs2000ns at 151
In dynare at 132
STEADY-STATE RESULTS:
m NaN
P NaN
c NaN
e 1
W NaN
R NaN
k NaN
d NaN
n NaN
l NaN
Y_obs 1
P_obs 1
y NaN
dA NaN
You did not declare endogenous variables after the estimation command.
This version of Dynare cannot estimate non linearized models!
Set “order” equal to 1.
Loading 193 observations from fsdat.m
Error in computing likelihood for initial parameter values
??? Error using ==> print_info
Blanchard Kahn conditions are not satisfied: no stable equilibrium
Error in ==> initial_estimation_checks at 101
print_info(info, options_.noprint)
Error in ==> dynare_estimation_1 at 367
initial_estimation_checks(xparam1,gend,data,data_index,number_of_observations,no_more_missing_observations);
Error in ==> dynare_estimation at 62
dynare_estimation_1(var_list,varargin{:});
Error in ==> fs2000ns at 176
dynare_estimation(var_list_);
Error in ==> dynare at 132
evalin(‘base’,fname) ;
Can anybody help me?
Thank you!
Jessica