Estimation RBC stochastic model

Your problem is that your initial values for steady state computation are not good for different parameters. Hence, during estimation, Dynare often cannot compute the steady states. See e.g. [Bayesian Estimation and Steady State Updating) and “Remark 14 (initval vs. steady_state_model vs. steadystate-file)” in sites.google.com/site/pfeiferecon/Pfeifer_2013_Observation_Equations.pdf.

In your case, try using a different solve_algo by putting e.g.

before your estimation command.

Finally, using only two observations is odd.