Please help me! I have this basic New Keynesian model but when executing, it gives the following error:

i) if all parameters occurring in these equations are defined

ii) that no division by an endogenous variable initialized to 0 occurs

??? Error using ==> dynare_solve at 98

exiting …

Error in ==> evaluate_steady_state at 66

[ys,check] = dynare_solve([M.fname ‘_static’],…

Error in ==> resol at 108

[dr.ys,M.params,info] = evaluate_steady_state(oo.steady_state,M,options,oo,0);

Error in ==> check at 71

[dr,info,M,options,oo] = resol(1,M,options,oo);

Error in ==> app at 133

check(M_,options_,oo_);

Error in ==> dynare at 120

evalin(‘base’,fname) ;

App.mod (1.98 KB)