Good morning . I use the model of Gali and Monacelli (2005) but with some modifications . I have obtain this message
ERROR: There are 42 equations but 37 endogenous variables!
??? Error using ==> dynare at 114
DYNARE: preprocessing failed
My question is :In some modefile I see that the number of endogenous variables can be inferior to the number of equation.
*I don’t have 42 equations but 21 equations and not 37 endogenous variables but insteas 15… what is my fault.Please answer me.Thank you
NK_GM052.mod (9.79 KB)