I am trying to estimate a simple RBC but with a dynamic factor model, where theoretical variables (such as consumption and investment) are treated as unobservable factors to be inferred from data of higher frequency (monthly). I employ macroprocessor language to write the observable equations, and I have nearly of 100 observable indicators.
When I tried to estimate, using bayesian methods, I got this message:
Index in position 2 exceeds array bounds (must not exceed 95).
Error in dseries/extract (line 66)
A.data = B.data(:,idVariableName);
Error in dseries/subsref (line 236)
B = extract(A,S(1).subs{:});
Error in makedataset (line 141)
DynareDataset = DynareDataset{DynareOptions.varobs{:}};
Error in dynare_estimation_init (line 538)
[dataset_, dataset_info, newdatainterfaceflag] = makedataset(options_,
options_.dsge_var*options_.dsge_varlag, gsa_flag);
Error in dynare_estimation_1 (line 116)
dynare_estimation_init(var_list_, dname, [], M_, options_, oo_, estim_params_, bayestopt_);
Error in dynare_estimation (line 105)
dynare_estimation_1(var_list,dname);
Error in dfm_mambo_data (line 1214)
oo_recursive_=dynare_estimation(var_list_);
Error in dynare (line 235)
evalin(‘base’,fname) ;