Error using print_info The steady state has NaNs or Inf

Steady state
1

Dear all:

I don’t know where the error is. I am trying to solve a centralized RBC model. I’m trying to use Dynare to estimate the parameters for my model, but I got:

“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 q5.driver (line 231)
steady;
Error in dynare (line 281)
evalin(‘base’,[fname ‘.driver’]);”

I have tried to solve it for several days to solve it, but I don’t really know how to fix it.
I would be very thankful if someone could help me find where the error is. Thanks!!

rbc_ut.m (5.4 KB)
rbc_u.mod (2.9 KB)

2

Your bracketing is wrong. Only do the exp()-substitution once the model works.

1 Like
3

Thank you very much!!