NEED HELP :Impossible to find the steady state

Steady state
1

gato4.mod (7.6 KB)
Could anyone help me for solving the steady state problem?I have been trying for a long time and it keeps telling me the following error message. Thanks a lot in advance.

Error using print_info
Impossible to find the steady state (the sum of squared residuals of the static equations is 0.0001). Either the model doesn’t
have a steady state, there are an infinity of steady states, or the guess values are too far from the solution
Error steady (line 102 )
print_info(info,options_.noprint, options_);
Error gato4.driver (line 944 )
steady;
Error dynare (line 281 )
evalin(‘base’,[fname ‘.driver’]);

2

Unfortunately you have written your steady state values of your endogenous variables in parameters block for example Y C I MC and so on.

You should write steady state values in your initval block.

3

Given your initial values, there are a few equations showing rather large residuals. Focus on those. There may be a mistake in either the entered equations or the associated steady state computations.