i modified the dsge model offered by torres in chapter 8 with government consumption. i add different taxes to the model and calibrated according to China data. yet i got the following error and i cannot fix it by changing my calibration and initial value:

Impossible to find the steady state. 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 gov_govtax_3_lcm.mod (793 Bytes)

steady (line 104)

print_info(info,options_.noprint, options_);

error gov_govtax_3_lcm (line 195)

steady;

error dynare (line 235)

evalin(‘base’,fname) ;