Hi

I’m new using dynare. I’m trying to stimate a model with 84 variables and 84 equations. In addition I have three exogenous observed variables. So, I followed the recomendations of Pfeifer’s guide adding the name of the variables in the list of endogenous variables, then the same names with “_obs”. I added three equantions in the model section and before the estimation command I added the observed variables with the command varobs. Finally, I added the data in the stimation command. The error message says 87 equations and 90 endogenous variables. I’m using a xls file I don’t know if the problem is the data or something else.

thanks