dear all:

Looking for help! I run the model with dynare, the result as follows:

Using 64-bit preprocessor

Starting Dynare (version 4.6.4).

Calling Dynare with arguments: none

Starting preprocessing of the model file …

Found 25 equation(s).

Evaluating expressions…done

Computing static model derivatives (order 1).

Computing dynamic model derivatives (order 1).

Processing outputs …

done

Preprocessing completed.

Residuals of the static equations:

Equation number 1 : 0.26577 : 1

Equation number 2 : -0.47584 : 2

Equation number 3 : 3.2103 : 3

Equation number 4 : -2.0113 : 4

Equation number 5 : -0.48792 : 5

Equation number 6 : -1.1247 : 6

Equation number 7 : 17.7059 : 7

Equation number 8 : 1.9174 : 8

Equation number 9 : 3.0055 : 9

Equation number 10 : -4.1117 : 10

Equation number 11 : 0.12312 : 11

Equation number 12 : 1.9089 : 12

Equation number 13 : -1.4678 : 13

Equation number 14 : -1.7295 : 14

Equation number 15 : 0 : 15

Equation number 16 : 0.19273 : 16

Equation number 17 : 0.15151 : 17

Equation number 18 : -1.0607 : 18

Equation number 19 : 0.85296 : 19

Equation number 20 : -0.097529 : r_m

Equation number 21 : 0.0005 : r_bh

Equation number 22 : 0.0001 : r_bE

Equation number 23 : -1.0019 : 23

Equation number 24 : -0.016703 : 24

Equation number 25 : 2.0061 : 25

错误使用 print_info (第 32 行)

Impossible to find the steady state (the sum of square residuals of the static equations is 375.0218). 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

出错 steady (第 102 行)

print_info(info,options_.noprint, options_);

出错 sample2.driver (第 413 行)

steady;

出错 dynare (第 293 行)

evalin(‘base’,[fname ‘.driver’]) ;

I have 2 questions:

1.Some residuals are too large, why do this happen? How to make it near 0?

2.What the errors mean? How to solve this problem?

Thanks a lot!

sample2.mod (2.7 KB)