I tried to play with a very simple model in dynare (see attached). I can solve it by specifying the initial values, but when I tried to use steady_state_model, it won’t give me the solution. It keeps telling me “The steadystate file did not compute the steady state”.
Here’s the dynare code:
a.mod (1.1 KB)
Here’s the full error message:
Error using print_info (line 32)
The steadystate file did not compute the steady state
Error in steady (line 102)
- print_info(info,options_.noprint, options_);*
Error in a.driver (line 188)
Error in dynare (line 293)
evalin(‘base’,[fname ‘.driver’]) ;
Could anyone help me with this problem? Thank you in advance!!