Dear all,
When I was running DYNARE V3, I have come across following error message:
?? Error using ==> steady_ at 27
STEADY: convergence problems
Error in ==> steady at 7
steady_;
Error in ==> ftpl_chapter3_1 at 151
steady(0);
Error in ==> dynare at 26
evalin(‘base’,fname) ;
Can anyone tell me what reason cause the model does not converge? Many thanks and very appreciated.
Best,
Jing