Hi Everyone! I am currently trying to run a model based on the.
The authors calibrated some values and used Bayesian estimation for the others, I am trying to initialize them just to arrive to a random steady state. I am getting NaN errors in all the residuals when running the steady function.
When I run resid 1, the Nan appear in a selection of variables but I could not find mistaked with my values. How do you initialize values in this case?
rbc.mod (5.6 KB)