Basic RBC Replication

rbc005.mod (1.4 KB)

I just tried to basic RBC model replication, but error still occurs.

dynare rbc005.mod
Starting Dynare (version 5.2).
Calling Dynare with arguments: none
Starting preprocessing of the model file …
ERROR: rbc005.mod: line 56, col 32: syntax error, unexpected NAME

Error using dynare
Dynare: preprocessing failed

Here is line56:
delta*i = k(+1) - (1-delta)k;
You can try to write this: delta * i = k(+1) - (1-delta)*k;

Blanchard-Kahn condition is not satisfied.

rbc005_1.mod (1.6 KB)

How to solve this problem?

predetermined_variables k;

1 Like