hi, i am a new user of dynare and I was trying to calibrate the paper of Gerter and Kiyotaki 2010. my model is a log linearized model, so far i have give initial value and defined all the variables in the model. somehow, the model did not work. the below is the error information provided by dynare 4.3.2
Please check for example
i) if all parameters occurring in these equations are defined
ii) that no division by an endogenous variable initialized to 0 occurs
??? Error using ==> print_info at 57
Impossible to find the steady state.
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 ==> check at 76
Error in ==> GK2 at 262
oo_.dr.eigval = check(M_,options_,oo_);
Error in ==> dynare at 120
question is: since the model is a version of lig linearization, the steady state required by dynare should be equal to zero, while the original model’s steady state can be used as parameters, so i cannot fix the problem, pls help. And the mod.file is attached.