Dear all:

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

print_info(info, DynareOptions.noprint)

Error in ==> dynare_estimation_1 at 133

oo_ =

initial_estimation_checks(objective_function,xparam1,dataset_,M_,estim_params_,options_,bayestopt_,oo_);

Error in ==> dynare_estimation at 70

dynare_estimation_1(var_list,dname);

Error in ==> rbc at 209

dynare_estimation(var_list_);

Error in ==> dynare at 120

evalin(‘base’,fname) ;

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!