I am new to dynare as I am using it for my masters dissertation but I stumbled across a problem that I needed advice on.
I tried to run my mod file, specifying the location. It then gave me three options either to use all the endogenous variables, observed or stop dynare and change mod file. I specified the first option however it states many errors and I dont know how I can overcome it
I am using a mod file “UK_SWFA.mod” . I also set the path so dynare is aware of the existence of the file so I don’t understand why its presenting the file name as “mode”. Could this be a syntax error?
The mode-file is different from the mod-file. The former is a .mat-file storing the parameter vector maximizing the posterior density. It is called in your estimation-command after mode_file=.