when I run the attached file the error message is as following:
??? Error using ==> print_info at 57
Impossible to find the steady state. Either the model doesn’t have a unique steady state of the guess values
are too far from the solution
Error in ==> initial_estimation_checks at 66
Error in ==> dynare_estimation_1 at 133
Error in ==> dynare_estimation at 70
Error in ==> rbc at 209
Error in ==> dynare at 120
how to solve this problem?
also,when there is “Spurious convergence” in Iteration.By the way,calculate the steady state alone with out estimation is OK.
Thank you all!