# DSGE and climate change

**URL:** <https://forum.dynare.org/t/dsge-and-climate-change/25521>\
**Category:** General DSGE Modeling\
**Created:** [11 April 2024 06:48 UTC](https://forum.dynare.org/t/dsge-and-climate-change/25521 "2024-04-11T06:48:20Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![juca22](https://forum.dynare.org/letter_avatar_proxy/v4/letter/j/dec6dc/32.png) [@juca22](https://forum.dynare.org/u/juca22)\
**Post date:** [11 April 2024 06:48 UTC](https://forum.dynare.org/t/dsge-and-climate-change/25521/1 "2024-04-11T06:48:20Z")

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DSGE and climate change

Hello, I hope you can help me, I am a newbie to DSGE models and I am replicating a model that incorporates climate change into monetary policy, however, I am getting different errors:

WARNING: in the ‘steady\_state\_model’ block, variable ‘C’ is not assigned a value  
WARNING: in the ‘steady\_state\_model’ block, variable ‘S’ is not assigned a value  
ERROR: There are 7 equations but 11 endogenous variables!

I add the code and the paper on which I am basing it, I appreciate your help.

[null-001.2023.issue-243-en.pdf](https://forum.dynare.org/uploads/short-url/qeYJ8bVPw8ftrGu5WhaD7kwQJcw.pdf) (1.2 MB)  
[cam\_cli\_proce.mod](https://forum.dynare.org/uploads/short-url/7uxAcCjJDXnpLap3SEMwNA4LJMx.mod) (2.3 KB)

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**Author:** ![jpfeifer](https://forum.dynare.org/user_avatar/forum.dynare.org/jpfeifer/32/5044_2.png) [@jpfeifer](https://forum.dynare.org/u/jpfeifer)\
**Post date:** [11 April 2024 07:58 UTC](https://forum.dynare.org/t/dsge-and-climate-change/25521/2 "2024-04-11T07:58:28Z")

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You did not implement all necessary first order conditions to determine the endogenous variables.