Hi everyone,
The steady states cannot be calculated . The problem is :错误使用 print_info (line 32)
Impossible to find the steady state (the sum of square residuals of the static equations is
25.6030). 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 (line 102)
print_info(info,options_.noprint, options_);
出错 smpclose.driver (line 962)
steady;
出错 dynare (line 281)
evalin(‘base’,[fname ‘.driver’]);
Residuals of the static equations:
Equation number 1 : 0 : 1
Equation number 2 : -1.2693 : 2
Equation number 3 : -4.0011 : 3
Equation number 4 : -2.8254 : 4
Equation number 5 : 0 : 5
Equation number 6 : 0 : 6
Equation number 7 : 0 : 7
Equation number 8 : 0 : 8
Equation number 9 : 0 : rf
Equation number 10 : 0 : 10
Equation number 11 : 0 : 11
Equation number 12 : 0 : 12
Equation number 13 : 0 : 13
Equation number 14 : 0 : 14
Equation number 15 : 0 : 15
Equation number 16 : 0 : 16
Equation number 17 : 0 : 17
Equation number 18 : 0 : 18
Equation number 19 : 0 : 19
Equation number 20 : 0 : 20
Equation number 21 : 0 : 21
Equation number 22 : 0 : 22
Equation number 23 : 0 : 23
Equation number 24 : 0 : 24
Equation number 25 : 0 : 25
Equation number 26 : 0 : 26
Equation number 27 : 0 : 27
Equation number 28 : 0 : 28
Equation number 29 : 0 : 29
Equation number 30 : 0 : 30
Equation number 31 : 0 : 31
Equation number 32 : 0 : 32
Equation number 33 : 0 : 33
Equation number 34 : 0 : 34
Equation number 35 : 0 : 35
Equation number 36 : 0 : 36
Equation number 37 : 0 : 37
Equation number 38 : 0 : 38
Equation number 39 : 0 : 39
Equation number 40 : 0 : 40
Equation number 41 : 0 : zj
Equation number 42 : 0 : zi
Equation number 43 : 0 : g
Equation number 44 : 0 : S
Equation number 45 : 0 : sj
Equation number 46 : 0 : rh
Equation number 47 : 0 : 47
Equation number 48 : 0 : 48
Equation number 49 : 0 : 49
Equation number 50 : 0 : 50
the equation 2-4 isn’t zero,and through checking , I konw the endogenous variable “lamda” has wrong, the value of it is -inf or exp(lamda) is zero. I am are unsure where is wronging and how to resolve this problem and would appreciate any assistance！
smpclose.mod (8.7 KB)