Hi, I’m trying to run my model. When I run it with 14 equations/variables, there’s no problem and if I run model_diagnostics(M_,options_,oo_), it says “MODEL_DIAGNOSTICS: No obvious problems with this mod-file were detected.”

But when I add 1 equation/variable, it says “Impossible to find the steady state”, and even if I type options_.dynatol.f=0.00018516, I get:

"Error using print_info (line 32)

Impossible to find the steady state (the sum of square residuals of the static equations is 0.0000). 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 in steady (line 102)

print_info(info,options_.noprint, options_);

Error in remesas.driver (line 282)

steady;

Error in dynare (line 293)

evalin(‘base’,[fname ‘.driver’]) ;"

Also, when I run model_diagnostics(M_,options_,oo_), it says

"DYNARE_SOLVE (solve_algo=2|4): number of blocks = 16

DYNARE_SOLVE (solve_algo=2|4): solving block 15, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 14, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 13, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 12, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 11, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 10, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 9, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 8, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 7, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 6, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 5, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 4, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 3, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 2, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 1, of size 1

MODEL_DIAGNOSTICS: The Jacobian of the static model is singular

MODEL_DIAGNOSTICS: there is 2 colinear relationships between the variables and the equations

Relation 1

Colinear variables:

c

ctr

cn

ltr

er

w

r

ptr

n

lnc

yn

ytr

NX

y

Relation 2

Colinear variables:

c

ctr

cn

ltr

er

w

r

ptr

n

lnc

yn

ytr

NX

y

Relation 1

Colinear equations

1 2 3 6 7 8 9 10 11 12

Relation 2

Colinear equations

3

DYNARE_SOLVE (solve_algo=2|4): number of blocks = 16

DYNARE_SOLVE (solve_algo=2|4): solving block 15, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 14, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 13, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 12, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 11, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 10, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 9, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 8, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 7, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 6, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 5, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 4, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 3, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 2, of size 1

DYNARE_SOLVE (solve_algo=2|4): solving block 1, of size 1

MODEL_DIAGNOSTICS: The presence of a singularity problem typically indicates that there is one

MODEL_DIAGNOSTICS: redundant equation entered in the model block, while another non-redundant equation

MODEL_DIAGNOSTICS: is missing. The problem often derives from Walras Law."

Where do I start to solve this problem? Because it seems that before I enter the 15º variable/equation, there’s no problem with the equations.

Thanks!

remesas.mod (2.5 KB)