Dear Forum members,
This is my first project to do with Dynare. I got an error saying likelihood could not compute. Dynare suggests I use estimated_params_init block with use_calibration options. I found it difficult to correctly specify the command.
Some guide would be helpful. Attached are my code and datafile. Please assist
abiodun.xls (50.5 KB)
dec_model.mod (5.79 KB)