Dear all,
I have a simple 3-sector model I want to estimate. In particular, I want to estimate the elasticities of substitution in the production function. To begin with, I just want to estimate the CES elasticity of sector A but Dynare output is :
Error using print_info (line 76)
The steadystate file did not compute the steady state
Here is my mod file, I can’t understand why the steady state can’t be computed since there is no particular restriction on alpha.
Thank you very much for any help
Best regards,
Côme
Estim_simple.mod (7.0 KB)