Error in forecasting

Stochastic simulations
1

var
c l k w r iv y
;

parameters

ALPHA
BETA
DELTA
b
;

% parameters caliberation

ALPHA = 0.35;
BETA = 0.99;
DELTA = 0.025;
b = 1;

model;
c (+1) / c = BETA * (1+ r (+1) - DELTA (+1));

1-l = (c/w) * b;

r = ALPHA * (y/k);

w = (1-ALPHA) * (y/l);

y = iv + c;

iv = k (+1) - (1-DELTA) * k;

y = k^ALPHA * l^(1-ALPHA);

end
;

forecast;

error: matrix cannot be indexed with .
error: called from
dyn_forecast at line 79 column 16
driver at line 168 column 21
dynare at line 281 column 5

What is the issue? Please help!

2

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