STEADY: numerical initial values or parameters incompatible with the following equations

1 2 4 5 6 8

Check whether your model in truly linear

STEADY: numerical initial values or parameters incompatible with the following equations

1 2 4 5 6 8 10 11 12 13

Check whether your model in truly linear

STEADY: numerical initial values or parameters incompatible with the following equations

1 2 4 5 6 8 10 11 12 13

Check whether your model in truly linear

Error in computing likelihood for initial parameter values

ESTIMATION_CHECKS: There was an error in computing the likelihood for initial parameter values.

ESTIMATION_CHECKS: You should try using the calibrated version of the model as starting values. To do

ESTIMATION_CHECKS: this, add an empty estimated_params_init-block with use_calibration option immediately before the estimation

ESTIMATION_CHECKS: command (and after the estimated_params-block so that it does not get overwritten):

Error using print_info (line 80)

The steady state contains NaN or Inf

Error in print_info (line 80)

error(‘The steady state contains NaN or Inf’)

Error in initial_estimation_checks (line 69)

print_info(info, DynareOptions.noprint, DynareOptions)

Error in dynare_estimation_1 (line 179)

oo_ = initial_estimation_checks(objective_function,xparam1,dataset_,M_,estim_params_,options_,bayestopt_,oo_);

Error in dynare_estimation (line 89)

dynare_estimation_1(var_list,dname);

Error in Ireland_2004_est (line 224)

dynare_estimation(var_list_);

Error in dynare (line 180)

evalin(‘base’,fname) ;