Error using dynare solve

I posted about syntax error a few days ago. syntax error was gone but new one has come up.
like this ;

STEADY: numerical initial values incompatible with the following equations
1 2 3 4 5 7 8 9 10 12 13 14

??? Error using ==> dynare_solve
exiting …

Error in ==> steady_ at 69
[oo_.steady_state,check] = dynare_solve([M_.fname ‘_static’],…

Error in ==> steady at 52

Error in ==> lsy at 187

Error in ==> dynare at 102
evalin(‘base’,fname) ;

I could guess this one is about steady condition in my model. but I don’t know what it is exactly.
please help.

Thanks in advance.
lsy.mod (2.48 KB)


This is because you didn’t give a value to some of your parameters (z_y for example).


thanks for the kind reply.

do I have to assign value for all the parameters?
anyway I assigned some value for the rest parameters but still dynare show me same error message…
is there any other possible reason for this error?

Thanks again. :slight_smile: