Hi, I am trying to reproduce the results in chap7 , of Jordi Gali(2008): Monetary Policy, Inflation, and the Business Cycle, Princeton University Press.
I get the following error. I do not know what is wrong? anybody can help,thanks!
Error using print_info (line 36)
MJDGGES returns the following error code: 13
Error in stoch_simul (line 71)
print_info(info, options_.noprint);
Error in chap7_book (line 195)
info = stoch_simul(var_list_);
Error in dynare (line 132)
evalin(‘base’,fname) ;
Addtional errors emerges when use the monetary policy: PEG, in the equation 14.
Error using print_info (line 42)
Blanchard Kahn conditions are not satisfied: indeterminacy
Error in stoch_simul (line 71)
print_info(info, options_.noprint);
Error in chap7_book (line 198)
info = stoch_simul(var_list_);
Error in dynare (line 132)
evalin(‘base’,fname) ;
chap7_book.mod (3.35 KB)