MJDGGES returns the following error code: 8

jrf · October 22, 2012, 12:21pm

Hi,

I’m trying to replicate a DSGE model but without success on the irfs. It calculates the steady state of the linear model, but after gives me the following error message:

Does anyone know what that means? I’ve attached the mod.file in case it helps.

rbc_hp2.mod (8.16 KB)

Thanks in advance.

João Ricardo

jpfeifer · October 22, 2012, 3:12pm

I would guess there are still mistakes. Both ch and kh are variables. Thus, the part

[quote]
(1-a)e(ch^e)(eta/khbar)(ch-kh)[/quote]

is clearly not linear.

jrf · January 9, 2013, 2:56pm

Thank you very much for your priceless help, now it works just fine.

Best regards,

João Ricardo