Hi,

I’m trying to run a deterministic simulation of an OLG model.

Blanchard-Khan conditions are verified but I get the following message from Dynare :

"variable Dif period 1

1- err = 0.35502

err_f = 0.51026

Time of this iteration : 0.266

variable gr period 2

2- err = 0.033397

err_f = 0.079035

Time of this iteration : 0.235

variable gr period 2

3- err = 0.00076967

err_f = 0.0046939

Time of this iteration : 0.235

variable gr period 2

4- err = 2.5182e-006

err_f = 1.4305e-005

Time of this iteration : 0.235

```
Total time of simulation : 1.062
Convergence achieved."
```

What does it means?

In particular:

why does Dynare report the name of some variables?

what is err_f and why do I get “convergence achieved” and not “convergency obtained”?

is there something wrong with the convergence of the model?

Thank you very much,

Best,

Alessandro