Error in dynare4.4.3

I am trying to run the code for Mathias Trabandt paper (Introducing Financial Frictions and Unemployment Into A Small Open Economy Model.). after several hours of running,I am getting this error:

Warning: estimation:: MCMC convergence diagnostics are not computed because the total
number of iterations is less than 2000!

In McMCDiagnostics (line 78)
In dynare_estimation_1 (line 793)
In dynare_estimation (line 89)
In baseline241 (line 1884)
In dynare (line 180)

Error using zeros
Out of memory. Type HELP MEMORY for your options.

Error in missing_DiffuseKalmanSmootherH1_Z (line 72)
PK = zeros(nk,mm,mm,smpl+nk);

Error in DsgeSmoother (line 197)
[alphahat,epsilonhat,etahat,ahat,P,aK,PK,decomp] =
missing_DiffuseKalmanSmootherH1_Z(ST, …

Error in prior_posterior_statistics_core (line 174)

Error in prior_posterior_statistics (line 222)
[fout] = prior_posterior_statistics_core(localVars,1,B,0);

Error in dynare_estimation_1 (line 821)

Error in dynare_estimation (line 89)

Error in baseline241 (line 1884)
model.rar (129 KB)

This seems to be a problem with your machine. Is it already 64-bit? And how much memory does it have? I can run the mod-file easily.

it is a 32-bits operating system, X64-based processor
installed memory Ram 4.00 GB (3.11 GB used)

Then that is the problem. Big matrices in Matlab require contiguous memory. That may be a problem on 32 bit systems with low RAM as in your case. I don’t see an reasonable workaround here.