Hello,

I just want to replicate a basic RBC model with indivisible labor(Hansen, 1985).

However, I had an error message:

dynare rbc

Configuring Dynare …

[mex] Generalized QZ.

[mex] Sylvester equation solution.

[mex] Kronecker products.

[mex] Sparse kronecker products.

[mex] Local state space iteration (second order).

[mex] Bytecode evaluation.

[mex] k-order perturbation solver.

[mex] k-order solution simulation.

[mex] Quasi Monte-Carlo sequence (Sobol).

[mex] Markov Switching SBVAR.

Starting Dynare (version 4.3.3).

Starting preprocessing of the model file …

Found 6 equation(s).

Evaluating expressions…done

Computing static model derivatives:

- order 1

Computing dynamic model derivatives: - order 1

Processing outputs …done

Preprocessing completed.

Starting MATLAB/Octave computing.

Error: File: rbc.m Line: 90 Column: 1

Unexpected MATLAB operator.

Error in dynare (line 120)

evalin(‘base’,fname) ;

Can you guys explain to me why I got an error?

FYI, the utility function is U(c,n)=log©-Bn, gamma is a growth rate, and lambda is a Lagrangian multiplier.

Thanks.

RBC.mod (556 Bytes)