Estimation problem varobs

[seddiki]

greetings to all professors and researchers
When I add this observed variable, this problem occurs
What is the nature of this problem

[Max1]

Without the code it is difficult to tell.
Maybe your number of exogenous variables is smaller than your number of observables?

[seddiki]

Hello sir
Thank you very much
Can you find where the problem is in this file?
simulation.mod (4.4 KB)

[kofiemma]

This is the error I get,
error: Impossible to find the steady state. Either the model doesn't have a steady state, there are an infinity of steady states, or the guess values are too far from the solution

Maybe you send the wrong file. There is no varobs in there.

[jpfeifer]

Also, see

Bayesian estimation: Orthogonalized shocks

Stochastic singularity is a fundamental problem with the estimation setup. Your model implies an exact linear combination between the observables. Using an older Dynare version that did not check for this issue is not a solution here. One way of debugging is to drop one observable at a time and see when the problem disappears.