When I ran the model, there was always something wrong as the Matlab shew. I could not get the steady state.
Here is the code
un.mod (5.0 KB)
How Shall I solve them? Thank you!
When I ran the model, there was always something wrong as the Matlab shew. I could not get the steady state.
Here is the code
un.mod (5.0 KB)
How Shall I solve them? Thank you!
Only do the exp()-substitution once the model works. You may want to go for auxiliary variables, see option 3 in
Question about understanding irfs in dynare