Dear Prof. Jpfeifer and Dynare User
My name is Le Thanh Ha.
I am working in the research relating trending inflation, from Ascari paper (2014). I develope the paper from Ireland and use the same idea about the trending inflation as Ascari at el (2014).
I wrote the Dynare code to simulate the nonlinear system, but an error came out as below
[code]"Reference to non-existent field ‘exo_nbr’.
Error in nonlinear_Calvos1 (line 332)
if M_.exo_nbr > 0;
Error in dynare (line 180)
evalin(‘base’,fname) ;"[/code]
I do not what is it and how to fix it. So many time I attempt to fix this mistake but It do not run.
I attached my Dynare code.
Any help is greatly appreciated.
Thank you so much
nonlinear_general_ti_calvo.mod (8.74 KB)
nonlinear_Calvos1.mod (5.34 KB)
Never put clear all in a mod-file!!!
Note also that the way the loop is conducted is not advocated. The the correct way see e.g.
github.com/JohannesPfeifer/DSGE_mod/blob/master/Ascari_Sbordone_2014/Ascari_Sbordone_2014.mod
1 Like
Dear Professor
In the first time, I also want to replicate as your way, but as you indicated that there is a problem relating to the Dynare 4.4.3 that we should employ a higher version.
However, i do now find any other version better than 4.4.3.
Please show me how to run your code
Thank Professor so much
[quote=“jpfeifer”]Never put clear all in a mod-file!!!
Note also that the way the loop is conducted is not advocated. The the correct way see e.g.
github.com/JohannesPfeifer/DSGE_mod/blob/master/Ascari_Sbordone_2014/Ascari_Sbordone_2014.mod[/quote]
Dear Professor
In the first time, I also want to replicate as your way, but as you indicated that there is a problem relating to the Dynare 4.4.3 that we should employ a higher version.
However, i do now find any other version better than 4.4.3.
Please show me how to run your code
Actually, this code I showed you here following Ascari’s code (paper in 2014) but my model is completely different from this paper.
Please tell me which way I should follow to simulate this.
Thank Professor so much
If you want to loop, [Loop over parameters)
Regarding the unstable version, you can find it here: dynare.org/download/dynare-unstable
Anyway, firtly I want to fix the problem relating to code designed by Ascari before jumping into your code.
I run this code without “clear all”, the error is below
[code]STEADY: The Jacobian contains Inf or NaN. The problem arises from:
STEADY: Derivative of Equation 2 with respect to Variable lambda (initial value of lambda: 0)
STEADY: Derivative of Equation 2 with respect to Variable n (initial value of n: 1.04264)
STEADY: The problem most often occurs, because a variable with
STEADY: exponent smaller than 1 has been initialized to 0. Taking the derivative
STEADY: and evaluating it at the steady state then results in a division by 0.
Error using dynare_solve (line 60)
An element of the Jacobian is not finite or NaN
[/code]
Please tell me how to fix this code? What I shoud adjust to make solve this problem. Eventhough, I try to modify the parameters but the same problem still came out.
Thank Professor so much
Ha
[quote=“jpfeifer”]If you want to loop, [Loop over parameters)
Regarding the unstable version, you can find it here: dynare.org/download/dynare-unstable[/quote]
Anyway, firtly I want to fix the problem relating to code designed by Ascari before jumping into your code.
I run this code without “clear all”, the error is below
[quote]CODE: SELECT ALL
STEADY: The Jacobian contains Inf or NaN. The problem arises from:
STEADY: Derivative of Equation 2 with respect to Variable lambda (initial value of lambda: 0)
STEADY: Derivative of Equation 2 with respect to Variable n (initial value of n: 1.04264)
STEADY: The problem most often occurs, because a variable with
STEADY: exponent smaller than 1 has been initialized to 0. Taking the derivative
STEADY: and evaluating it at the steady state then results in a division by 0.
Error using dynare_solve (line 60)
An element of the Jacobian is not finite or NaN[/quote]
Please tell me how to fix this code? What I shoud adjust to make solve this problem. Eventhough, I try to modify the parameters but the same problem still came out.
Thank Professor so much
Ha
Please provide the most recent version of the mod-file.