I’m trying to solve the baseline RBC model with endogenous labor supply. In the first version, I provide some initial values; in the second version, I provide the steady-state equations.
The first version generates this error:
“ERROR: SNGM.mod: line 38, cols 1-3: syntax error, unexpected END”
The second version generates this error:
“ERROR: SNGM_2.mod: line 59, cols 1-3: syntax error, unexpected END”
Why is this happening?
SNGM.mod (510 Bytes)
SNGM_2.mod (998 Bytes)
The two erros are due to your missing commas;
var epsilon = sigmaep^(2);
The second version also report:
The steadystate file did not compute the steady state
For this erro, you check the variable values in Equation 2.
SNGM.mod (511 Bytes)
SNGM_2.mod (999 Bytes)
Thanks for your response. The first one worked, it was a poor oversight on my part. The second one’s still not working. I got the following errors:
“The steadystate file did not compute the steady state”;
I’m a bit new to Dynare, and I don’t know what the errors mean. What might be the error(s)?
Since the residuals of Equation number 2:
Equation number 2 : -3.0221 : 2
It means the value of variables
c,k,n do not balance the left and right sides in Equation 2.
So, you should check the variables(c,k,n) in your
I ran the file without the steady state conditions (so now it contains just the model block). For simplicity, I just tried out the deterministic version of the problem, and it gave me the same errors. I checked my slides (I’ve attached both the Question and the equilibrium conditions), and I am using the same equilibrium equations.
SNGM_2_new.mod (683 Bytes)
The erro implies the values of steady_state are wrong. I have recaulated the steady state value:
SNGM_2_new.mod (673 Bytes)
Thank you! I’ve corrected my steady state equations.