sorry,I can’t upload the mat file,so i have to upload the excle file instead,but add .m in the end,and my dynare version is 4.2.0.Thank you so much! cz_data.m (4.11 KB) cz.xlsx.m (15.2 KB)
Using Dynare 4.2.4, I get a different error from yours:
Error in computing likelihood for initial parameter values
{Error using print_info (line 42)
Blanchard Kahn conditions are not satisfied: indeterminacy
I think you should do two things:
[ul] ] Upgrade to Dynare 4.2.4/:m] ] Change the initial values for you estimated parameters until you get a stable solution for the initial guess/:m][/ul]
Sorry for this intervention but I have the same problem and I try to upgrade to 4.2.4 from the site web dynare.org/download/dynare-stable but I did not find this version can you guide me please? thank you very much