Hi, while studying the user guide, and trying some of the examples appearing in there, I’ve found that the complete .mod file of the section 5.8 (Estimating DSGE Models- Basics) doesn’t work in my Matlab, even being exactly the same code… and trying with different files (in order to present the observed variable) though the one that it employs in the example is simuldataRBC.
I attach the file, just in case someone could guide in why the following error messages show up…
Thanks!
Warning: Some of the parameters have no value (beta, psi, delta,
alpha, rho, epsilon) when using steady. If these parameters are not
initialized in a steadystate file, Dynare may not be able to solve
the model…
In test_for_deep_parameters_calibration at 46
In steady at 33
In ejemploestimation at 113
In dynare at 132
STEADY: numerical initial values incompatible with the following equations
1 2 4 5 6 7 9
??? Error using ==> dynare_solve at 94
exiting …
Error in ==> steady_ at 120
[oo_.steady_state,check] = dynare_solve([M_.fname
‘_static’],…
Error in ==> steady at 54
steady_;
Error in ==> ejemploestimation at 113
steady;
Error in ==> dynare at 132
evalin(‘base’,fname) ;
ejemploestimation.mod (834 Bytes)