Dear Johannes,

Thank you very much for your help last time, I am grateful.

I have done my identification part of DSGE model,

**I would like to know what does the following sentence mean in Dynare output:**

**Parameter error:**

**The model does not solve for prior_mean with error code info = 46**

**and the following is my identification output:**

There are 15 eigenvalue(s) larger than 1 in modulus

for 15 forward-looking variable(s)

The rank condition is verified.

==== Identification analysis ====

Testing prior mean

Evaluating simulated moment uncertainty … please wait

Doing 252 replicas of length 300 periods.

Simulated moment uncertainty … done!

Parameter error:

The model does not solve for prior_mean with error code info = 46

Try sampling up to 50 parameter sets from the prior.

Evaluating simulated moment uncertainty … please wait

Doing 252 replicas of length 300 periods.

Simulated moment uncertainty … done!

All parameters are identified in the model (rank of H).

All parameters are identified by J moments (rank of J)

Monte Carlo Testing

Testing MC sample

All parameters are identified in the model (rank of H).

All parameters are identified by J moments (rank of J)

==== Identification analysis completed ====

Thank you very much and look forward to hearing from you.

Best wishes,

Jesse