Hi everyone,

I am trying to insert my model into dynare, however for some reason I get an error code (example.mod:16.68: syntax error, unexpected ‘;’) I have been perusing the code but can’t spot the error. Any suggestions?

Thanks,

Tartaglia

var x i pi y n r;

varexo u m a;

parameters beta sigma phi rho theta kappa;

beta = 0.78;

sigma = 1.98;

phi = 1.04;

rho = 0.08;

theta = 0.69;

kappa = (1-beta)*(1-theta*beta)*(phi+sigma)/theta;

model;

x=x(+1)-(1/sigma)*(i-pi(+1)-(rho+sigma*(1+phi/(sigma+phi))*(1-rho) a;
x=y-(1+phi)/(phi+sigma)a;
n=y-a;
n=betan(+1)+kappax+u;
i=phi*i(-1)+phi

*pi+phi*x+m;

u=rho

*u(-1)+epsilon_u;*

m=rhom(-1)+epsilon_m;

m=rho

a=rho*a(-1)+epsilon_a;

r=i-pi;

end;

initval;

x = 0;

i = 0;

pi = 2;

/*y = 0*/

n = 0;

r = 0;

end;

steady;

check;

shocks;

var epsilon_u = sigma^2;

end;

stoch simul(periods=2100);