I hope that this is not a stupid question to ask but I am running the codde for the Meh and Moran paper, after executing the code and i try to plot the graphs, I get the following errors
"Error using dynare (line 174)
DYNARE: preprocessing failed
Error in control (line 34)
dynare BankCapital noclearall"
The code has not been adjsuted in any way and was downloaded from ‘http://www.macromodelbase.com/download/’
I was wondering if anyone can assist with resolving this problem.