Hello,

I am trying to run a monetary - sticky price - modell, but Dynare simply cannot find the steady state. Maybe there is none, and maybe I am just too far from it. Code attached. Any help greatly appreciated.

This is what the Matlab output says:

[quote] Residuals of the static equations:

Equation number 1 : -0.0070921

Equation number 2 : -0.00098369

Equation number 3 : -0.023564

Equation number 4 : -0.0044728

Equation number 5 : 0.00012769

Equation number 6 : -0.011285

Equation number 7 : 0.012681

Equation number 8 : -0.018034

Equation number 9 : 3.6601e-05

Equation number 10 : 0.060529

Equation number 11 : 0.031966

Equation number 12 : 0.0033404

Error using print_info (line 74)

Impossible to find the steady state. Either the model doesnâ€™t have a

steady state, there are an infinity of steady states, or the guess values

are too far from the solution

[/quote]

rigMon.mod (2.15 KB)