Dear All,
I am able to solve the attached model for order 1 and 2 but I am getting the following error
The parameters vector contains NaN or Inf
When I try order equal to 3.
Many thanks in advance for your time and help.
Kostas
Kostasmodelv01.mod (2.3 KB)
modelv01_steadystate.m (1.8 KB)
Delete ckappa
from the parameter definition:
Warning: Some of the parameters have no value (ckappa) when using stoch_simul. If these parameters are not initialized in
a steadystate file or a steady_state_model-block, Dynare may not be able to solve the model…
At third order, we do not allow any NaN parameters as they may crash Matlab.
Dear Johannes,
Many thanks for your prompt reply. This is deeply appreciated!
I wish you and your colleagues a very happy and prosperous New Year!
Kostas