Beginner Steady State Problems

Steady state
1

Hello everyone,

I am new to dynare and trying to run some simple models to practice. I’m having a hard time analysing my error in the steady state file. Can you guys give me some help on it?

benchmark_v2.mod (4.3 KB)
benchmark_v2_steadystate.m (2.4 KB)
Benchmark_Model.pdf (110.2 KB)

2

See

In your steady state file, in

y_k = (aux1 - aux2  + aux3) * 1/ ((1-tau)) * 1/alpha_p;

the variable aux2 is bigger than aux1+aux3, which results in complex values.

3

Thanks for the help! After some changes in the parameter values, the model worked fine.