Found steady state, but Dynare keeps returning error

Dynare help (legacy posts)
1

I have a problem with the steady state of my model (see attachments)

Dynare keeps saying “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”.

Can anyone help?

Best
Giorgio
steadystate.m (2.54 KB)
detMODEL.mod (3.71 KB)

2

Even computing the ss by hand and imposing those values in the initval block, it continues to give me residuals… Could it be a bug?

3

A bug here is highly unlikely. Your posted file stops with error message

[quote]Error using trustnleqn (line 28)
Objective function is returning undefined values at initial point. FSOLVE cannot continue.

Error in fsolve (line 403)
[x,FVAL,JACOB,EXITFLAG,OUTPUT,msgData]=…

Error in detMODEL (line 303)
x = fsolve(@steadystate, x0, options, csistar, etastar, Ystar, csi, eta, omegabar, chi, psi, beta, s, alpha, tauf, sigman, sigmau, etal, tauw, tauc, epsilon,
A, gi, rho, delta, ti)
[/quote]

Please provide the mod-file with the steady state values in the initval block.