saulo
#1
Hi, I’m doing a DSGE model with two sectors: tradables and not tradables, but in my model appear this messaje

??? Error using ==> steady_

STEADY: convergence problems

Error in ==> steady at 52

steady_;

Error in ==> sobrenatural4 at 140

steady;

Error in ==> dynare at 132

evalin(‘base’,fname) ;

i don’t now what is the problem, I work whit dynare 4.1

thanks!!

sobrenatural4.mod (1.33 KB)

Put this steady state in the block “initval” :

initval;

ct = 2.52;

cn = 2.59804;

c = 6;

kt = 65997;

kn = 30.2608;

p = 1.33947;

b = -166393;

rem = 0;

k = 66027.2;

end;

That works but strange results. The model is correct ?

saulo
#3
thanks, you are rigth, my model has a problem. how do you find the initvalues?

I just found the steady state by hand. You should find a tutorial - how to find the steady state -on google who explains that.