I am greenhand on DYNARE. And the tool just stopped running by displaying error information starting with"The generalized Schur (QZ) decomposition failed. For more information, see the documentation for Lapack function dgges: info=47, n=47".Could anyone kindly help me find the reason or the solution? I’ve upload my .mod file below. I am apprieciated for your suggestions and help. Many thanks in advance. Happy New Year, by the way.
dynare_code_for_help.mod (18 KB)
Please upgrade to Dynare 4.4, which would tell you
[quote]STEADY: numerical initial values or parameters incompatible with the following equations
Check whether your model in truly linear
Equation 27 should be
for example is clearly not linear in k and n.
Many many thanks indeed. jpfeifer.I 'll try what you said.