Error using print_info (line 32) The steady state has NaNs or Inf. Error in steady (line 102) print_info(info,options_.noprint, options_); Error in EX_01_01.driver (line 343) steady; Error in dynare (line 293) evalin('base',[fname '.driver']) ;

Steady state
1

I have this error in dynare

Error using print_info (line 32)
The steady state has NaNs or Inf.
Error in steady (line 102)
print_info(info,options_.noprint, options_);
Error in EX_01_01.driver (line 343)
steady;
Error in dynare (line 293)
evalin(‘base’,[fname ‘.driver’]) ;

I leave the mod. to check
EX_01_01.mod (3.2 KB)

2

Hello, Andres,

Notice your parameters section, make sure that the definitions are in a sequential order, so you use previously defined parameters and not former ones.
Best,

I propose you to use:

parameters sigma taukss beta paipss delta phi epsw epsp alpha GYratio phir phipai phiy BYratio rhog sigmag rhotauk phitaubr phitauy sigmatauk rKss rrss YKratio IKratio IYratio CYratio mcss ;

sigma = 1; taukss=0.1; beta = 0.99; paipss = 1; delta = 0.025; phi = 1.5; epsw = 1; epsp = 6; alpha = 1/3;
GYratio = 0.2; phir = 0; phipai = 1.5; phiy = 0.125; BYratio = 0.5;
rhog = 0.99; sigmag = 0.01; rhotauk = 0.9;
phitaubr = 0.5; phitauy = 0.5;
sigmatauk=0.03;
mcss = (epsp-1)/epsp;
rKss=(1/beta-1)/(1-taukss)+delta; rrss = paipss/beta;
YKratio = (rKss/alpha)(1/mcss);
IKratio = delta;
YKratio = (rKss/alpha)(1/mcss);
IYratio = (IKratio)/(YKratio);
CYratio = 1-IYratio;

3

Fantastic, thank you so much!