Help Finding steady state

Steady state
1

Hi,

I am new using Dynare and i would really appreciate if you could take a look at this code and let me know what I am missing. When I run the code, I get an error saying:

Error using print_info (line 90)
The steady state contains NaN or Inf

Error in steady (line 104)
print_info(info,options_.noprint, options_);

Error in lucasuzawa (line 229)
steady;

Error in dynare (line 235)
evalin(‘base’,fname) ;

Thank you so much.

lucasuzawa.mod (1.4 KB)

2
  1. Check the parameter computations before the model block. uss is negative and Ass a complex number
  2. log(B)=rhoB*(B(-1))+e; cannot be correct if B has steady state 0.
  3. Generally, make the model work without exp()-substitutions first and then use one of the other options at Question about understanding irfs in dynare
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