I’m very new to dynare and economics skills are not good.

Still trying to get steady state from several equations.

Dynare says there are problems but I can’t find where they are.

Please give me your advice.

Adding my mod file and error massege.

Residuals of the static equations:

Equation number 1 : 0.11111 : 1

Equation number 2 : 0 : lamt

Equation number 3 : 0 : 3

Equation number 4 : 27 : 4

Equation number 5 : 0.11111 : 5

Equation number 6 : 0 : at

Equation number 7 : 27 : 7

Equation number 8 : 3.7113 : wp

Equation number 9 : 3.7113 : wi

Equation number 10 : -1.6271 : 10

Equation number 11 : -3.4641 : yt

Equation number 12 : -0.5 : 12

Equation number 13 : -18 : ct

Equation number 14 : 0.4 : it

Equation number 15 : -3.015 : 15

Equation number 16 : -2.99 : 16

Equation number 17 : -2.7761 : bt

print_info (line number 32)

Impossible to find the steady state (the sum of square residuals of the static equations is

1850.3670). 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

error: steady (line number 102)

print_info(info,options_.noprint, options_);

error: seminar_s.driver (line number 282)

steady;

error: dynare (line number 293)

evalin(‘base’,[fname ‘.driver’]) ;

seminar_s.mod (1.3 KB)