Dear all.

I am facing a problem in solving Open Eocnomy New Keyesian DSGE model.

While I tried to solve the model, dynare gave me back the following message.

This version of Dynare cannot estimate non linearized models!

Set “order” equal to 1.

??? Reference to non-existent field ‘y’.

Error in ==> read_variables at 63

dyn_tmp_01 = s.(deblank(var_names_01(dyn_i_01,:)));

Error in ==> dynare_estimation_1 at 269

rawdata = read_variables(options_.datafile,options_.varobs,],options_.xls_sheet,options_.xls_range);

Error in ==> dynare_estimation at 62

dynare_estimation_1(var_list,varargin{:});

Error in ==> newzealand at 254

dynare_estimation(var_list_);

Please give me a hint about the source of my trouble. Here attached is the mod file and the data file.

Thanks in advance!!

newzealand.xls (24.5 KB)

newzealand.mod (2.67 KB)