Hello,
My model runs with stoch_simul. But when I try to do the estimation, I receive the error message dynare_estimation_init:: The steady state at the initial parameters cannot be computed.
Error using print_info (line 32)
The steady state has NaNs or Inf.
I have uploaded the file.
fiscal_mult_bay2_sims.mod (12.2 KB)
Any help will be appreciated.
Thanks
Alok