Hi All

I am a new Dynare user and am not sure how to interpret the error messages. I have attempted to code up a fairly standard model (using the example in guide.pdf as a template) but cannot get it to work. Can anyone point me to a source for understanding the various error messages? Or, better yet, help me to understand the errors in my code?

Here is the code…

var y, c, k, n, l, i, z;

varexo e;

parameters alpha, beta, delta, rho, psi, phi;

alpha = .45;

beta = .1;

delta = .25;

rho = .1;

psi = .45;

phi = .1;

model;

((1-psi)/psi)*c/l = (1-alpha) z(k/n)^alpha;
c^(psi*(1-phi)-1) * l^((1-psi)

*(1-phi)) = beta * c(+1)(psi(+1)*(1-phi(+1))-1) * l(+1)^((1-psi(+1))

*(1-phi(+1))) * ( alpha*z(+1)

*(n(+1)/k(+1))^(1-alpha) + 1 - delta );*

log(z) = (1-rho)

1 = n + l;

k(+1) = i + (1-delta)n^(1-alpha);

log(z) = (1-rho)

*log(z) + rho*log(z(-1)) + e;1 = n + l;

k(+1) = i + (1-delta)

*k;*

y = c + i;

y = zk^alphay = c + i;

y = z

end;

initval;

y = 1;

c = .76;

l = .1;

k = 9;

n = .9;

i = .24;

z = 0;

end;

shocks;

var e = .000081;

end;

steady;

stoch_simul;

And the errors are…

??? Error using ==> feval

Error: File: standardmodel_fff.m Line: 8 Column: 59

()-indexing must appear last in an index expression.

Error in ==> dynare_solve at 41

fvec = feval(func,x,varargin{:});

Error in ==> steady_ at 23

[ys_,check] = dynare_solve([fname_ ‘_fff’],x);

Error in ==> steady at 7

steady_;

Error in ==> standardmodel at 99

steady(0);

Error in ==> dynare at 26

evalin(‘base’,fname) ;

Thanks!

Tom