# No the steady states **URL:** \ **Category:** Steady state\ **Created:** [23 May 2024 00:01 UTC](https://forum.dynare.org/t/no-the-steady-states/25798 "2024-05-23T00:01:34Z")\ **Posts on this page:** 7\ **Page:** 1
**Author:** ![Has](https://forum.dynare.org/letter_avatar_proxy/v4/letter/h/da6949/32.png) [@Has](https://forum.dynare.org/u/Has)\ **Post date:** [23 May 2024 00:01 UTC](https://forum.dynare.org/t/no-the-steady-states/25798/1 "2024-05-23T00:01:34Z")
Hi everyone, I’m new to dynare, I’m trying to simulate a DSGE model (in the attached file). I can’t find the steady states, find below the error message. Any suggestions please ? Residuals of the static equations: Equation number 1 : 0 : Lambda Equation number 2 : 0 : Wg\_ne Equation number 3 : 0 : Wg\_f Equation number 4 : 0 : Wg\_l Equation number 5 : 0 : 5 Equation number 6 : 0 : Y Equation number 7 : 0.030989 : NE Equation number 8 : 0 : E Equation number 9 : 0 : N\_ne Equation number 10 : 0 : K\_ne Equation number 11 : 0 : sigma Equation number 12 : 0 : 12 Equation number 13 : 0 : E\_l Equation number 14 : 0 : E\_f Equation number 15 : 0 : 15 Equation number 16 : 0 : 16 Equation number 17 : 0 : 17 Equation number 18 : -48.5571 : Q\_ne Equation number 19 : -48.87 : Q\_f Equation number 20 : -48.6822 : Q\_l Equation number 21 : 0 : 21 Equation number 22 : 0 : K\_f Equation number 23 : 0 : K\_l Equation number 24 : -0.08 : 24 Equation number 25 : 0.10452 : 25 Equation number 26 : 0 : R\_l Equation number 27 : -0.02 : 27 Equation number 28 : 0.009 : Em Equation number 29 : 0 : 29 Equation number 30 : 0 : R\_f Equation number 31 : 0 : T Equation number 32 : 0 : 32 Equation number 33 : 0 : R Equation number 34 : 0 : C Equation number 35 : 0 : 35 Equation number 36 : 0 : 36 Equation number 37 : 0 : 37 Equation number 38 : 0 : 38 Equation number 39 : 0 : 39 Equation number 40 : 0 : G Equation number 41 : 0 : 41 Equation number 42 : 0 : Tem Equation number 43 : 0 : 43 Residuals of the static equations: Equation number 1 : -6.8737e-06 : Lambda Equation number 2 : -2.5211e-06 : Wg\_ne Equation number 3 : -2.3795e-06 : Wg\_f Equation number 4 : 0.0015335 : Wg\_l Equation number 5 : 0 : 5 Equation number 6 : 2.3607e-05 : Y Equation number 7 : -5.0773e-06 : NE Equation number 8 : -1.1671e-05 : E Equation number 9 : -1.2611e-05 : N\_ne Equation number 10 : -0.0001184 : K\_ne Equation number 11 : 0 : sigma Equation number 12 : 0.00015701 : 12 Equation number 13 : -0.017208 : E\_l Equation number 14 : -3.5934e-06 : E\_f Equation number 15 : 0 : 15 Equation number 16 : 0 : 16 Equation number 17 : 0 : 17 Equation number 18 : 4.0522e-06 : Q\_ne Equation number 19 : 2.3997e-06 : Q\_f Equation number 20 : -0.00027103 : Q\_l Equation number 21 : 3.685e-06 : 21 Equation number 22 : 4.1442e-06 : K\_f Equation number 23 : 4.144e-06 : K\_l Equation number 24 : 0.026188 : 24 Equation number 25 : -0.0015327 : 25 Equation number 26 : -0.014497 : R\_l Equation number 27 : 2.198e-05 : 27 Equation number 28 : -0.054052 : Em Equation number 29 : 5.5937e-07 : 29 Equation number 30 : -5.7698e-05 : R\_f Equation number 31 : 0 : T Equation number 32 : 0 : 32 Equation number 33 : 0 : R Equation number 34 : -1.5549e-05 : C Equation number 35 : 0 : 35 Equation number 36 : 0 : 36 Equation number 37 : 0 : 37 Equation number 38 : 0 : 38 Equation number 39 : 0 : 39 Equation number 40 : 0 : G Equation number 41 : 0 : 41 Equation number 42 : 0 : Tem Equation number 43 : 0 : 43 [Test.mod](https://forum.dynare.org/uploads/short-url/kpMimydH9gAsIFJUlVlG68o90kw.mod) (14.3 KB) [Test.mod](https://forum.dynare.org/uploads/short-url/kpMimydH9gAsIFJUlVlG68o90kw.mod) (14.3 KB) Error using print\_info Impossible to find the steady state (the sum of squared residuals of the static equations is 0.0041). 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 in steady (line 102) print\_info(info,options\_.noprint, options\_); Error in Test.driver (line 860) steady; Error in dynare (line 281) evalin(‘base’,[fname ‘.driver’]); ---
**Author:** ![jpfeifer](https://forum.dynare.org/user_avatar/forum.dynare.org/jpfeifer/32/5044_2.png) [@jpfeifer](https://forum.dynare.org/u/jpfeifer)\ **Post date:** [23 May 2024 06:48 UTC](https://forum.dynare.org/t/no-the-steady-states/25798/2 "2024-05-23T06:48:19Z")
You have three equations with large residuals > [@Has](#): > > Equation number 18 : -48.5571 : Q\_ne > Equation number 19 : -48.87 : Q\_f > Equation number 20 : -48.6822 : Q\_l I would focus on those. ---
**Author:** ![Has](https://forum.dynare.org/letter_avatar_proxy/v4/letter/h/da6949/32.png) [@Has](https://forum.dynare.org/u/Has)\ **Post date:** [23 May 2024 11:05 UTC](https://forum.dynare.org/t/no-the-steady-states/25798/3 "2024-05-23T11:05:22Z")
What do you mean ? There maybe some issues with them in the model block or in the parameters block ?You suggest to change those equations or to delete them? ---
**Author:** ![jpfeifer](https://forum.dynare.org/user_avatar/forum.dynare.org/jpfeifer/32/5044_2.png) [@jpfeifer](https://forum.dynare.org/u/jpfeifer)\ **Post date:** [23 May 2024 12:45 UTC](https://forum.dynare.org/t/no-the-steady-states/25798/4 "2024-05-23T12:45:14Z")
No, I am saying that the steady state values you computed differ quite a lot from the ones implied by your equations. That usually indicates a mistake in one the two. ---
**Author:** ![Has](https://forum.dynare.org/letter_avatar_proxy/v4/letter/h/da6949/32.png) [@Has](https://forum.dynare.org/u/Has)\ **Post date:** [23 May 2024 14:38 UTC](https://forum.dynare.org/t/no-the-steady-states/25798/5 "2024-05-23T14:38:20Z")
you’re right, great thanks. I did a mistake in my computation. I got the steady states. Is that acceptable or do I still need to check my equations because all residuals are not equal to zero ? ```auto Residuals of the static equations: Equation number 1 : 0 : Lambda Equation number 2 : 0 : Wg_ne Equation number 3 : 0 : Wg_f Equation number 4 : 0 : Wg_l Equation number 5 : 0 : 5 Equation number 6 : 0 : Y Equation number 7 : -0.05896 : NE Equation number 8 : 0 : E Equation number 9 : 0 : N_ne Equation number 10 : 0 : K_ne Equation number 11 : 0 : sigma Equation number 12 : 0 : 12 Equation number 13 : 0 : E_l Equation number 14 : 0 : E_f Equation number 15 : 0 : 15 Equation number 16 : 0 : 16 Equation number 17 : 0 : 17 Equation number 18 : 0.0046 : Q_ne Equation number 19 : 0.0046 : Q_f Equation number 20 : 0.0046 : Q_l Equation number 21 : 0 : 21 Equation number 22 : 0 : K_f Equation number 23 : 0 : K_l Equation number 24 : -0.08 : 24 Equation number 25 : 0.74074 : 25 Equation number 26 : 0 : R_l Equation number 27 : -0.02 : 27 Equation number 28 : 0.009 : Em Equation number 29 : 0 : 29 Equation number 30 : 0 : R_f Equation number 31 : 0 : T Equation number 32 : 0 : 32 Equation number 33 : 0 : R Equation number 34 : 0 : C Equation number 35 : 0 : 35 Equation number 36 : 0 : 36 Equation number 37 : 0 : 37 Equation number 38 : 0 : 38 Equation number 39 : 0 : 39 Equation number 40 : 0 : G Equation number 41 : 0 : 41 Equation number 42 : 0 : Tem Equation number 43 : 0 : 43 STEADY-STATE RESULTS: C 0.544695 Lambda 4.38661 N_ne 0.232179 N_l 0.0364155 N_f 0.0150693 Wg_ne 2.10703 Wg_l 0.640978 Wg_f 1.35807 R 1.00462 Y 0.996116 NE 0.876215 E 0.125837 A_ne 1 K_ne 9.28993 MC 0.833333 p_e 0.522184 R_ne 0.0296213 Pi 1 E_l 0.0856617 E_f 0.05139 p_l 0.408727 p_f 0.597348 Q_ne 1 I_ne 0.232248 Q_f 1 I_f 0.00747066 Q_l 1 I_l 0.00948022 R_l 0.0246213 R_f 0.0171213 K_l 0.474011 K_f 0.597653 A_l 1 A_f 1 Em 0.0231255 Tem 0 T 0.202222 G 0.202222 R_N 1.00462 U_beta 1 U_rn 1 U_G 1 U_Tem 1 ``` ---
**Author:** ![jpfeifer](https://forum.dynare.org/user_avatar/forum.dynare.org/jpfeifer/32/5044_2.png) [@jpfeifer](https://forum.dynare.org/u/jpfeifer)\ **Post date:** [24 May 2024 06:44 UTC](https://forum.dynare.org/t/no-the-steady-states/25798/6 "2024-05-24T06:44:40Z")
There is no way to answer that. The steady state values seem to make sense. But the discrepancy between the initially computed and actual steady states may still indicate a problem with the model equations. You are the only one who can judge that. ---
**Author:** ![Has](https://forum.dynare.org/letter_avatar_proxy/v4/letter/h/da6949/32.png) [@Has](https://forum.dynare.org/u/Has)\ **Post date:** [24 May 2024 11:08 UTC](https://forum.dynare.org/t/no-the-steady-states/25798/7 "2024-05-24T11:08:11Z")
Got it, thanks a lot Pr.