Problem of Solving Ramsey policy

Steady state
1

Hi everyone,

The steady states cannot be calculated when we use Dynare’s Ramsey commands. The Dynare version we are using is 4.5.7. We are unsure of how to resolve this problem and would appreciate any assistance！
dss.m (2.3 KB)
greenTech.mod (4.6 KB)
greenTech_steadystate.m (3.8 KB)

2

Start with the attached files in Dynare 6:
greenTech.mod (4.6 KB)
greenTech_steadystate.m (3.8 KB)
dss.m (2.3 KB)

The problem is your setup. You cannot have taue as an instrument the planer chooses while at the same time having it fixed at

taue=0.0001;