Hi,

I am very new to Dynare. I was trying to run the attached “modelEPR_Baseline.dyn” file on Dynare 4.4.3. But it seemed that Dynare cannot run a file with “dyn” extension. Therefore I changed the extension of the file from “dyn” to “mod”. After running the file with renamed extension, Dynare gives me the following message:

"You did not declare endogenous variables after the estimation/calib_smoother command.

Posterior IRFs, posterior moments, smoothed variables and forecasts will be

computed for the 35 endogenous variables of your model, this

can be very long…

Choose one of the following options:

[1] Consider all the endogenous variables.

[2] Consider all the observed endogenous variables.

[3] Stop Dynare and change the mod file."

I was not sure which one to pick, but I picked [2] anyway. After that Dynare again encounters problem and gives me the following message:

??? Error using ==> read_variables at 60

Can’t find datafile: usedata.{m,mat,xls,xlsx,csv}

Error in ==> initialize_dataset at 32

rawdata = read_variables(datafile,varobs,],xls.sheet,xls.range);

Error in ==> dynare_estimation_init at 475

dataset_ = initialize_dataset(options_.datafile,options_.varobs,options_.first_obs,options_.nobs,transformation,options_.prefilter,xls);

Error in ==> dynare_estimation_1 at 81

[dataset_,xparam1, hh, M_, options_, oo_, estim_params_,bayestopt_] = dynare_estimation_init(var_list_, dname, ], M_, options_, oo_,

estim_params_, bayestopt_);

Error in ==> dynare_estimation at 89

dynare_estimation_1(var_list,dname);

Error in ==> code at 330

dynare_estimation(var_list_);

Error in ==> dynare at 180

evalin(‘base’,fname) ;

Please suggest me what should I do to or what’s missing…

Attachment:model3_data_mar12_2007.xls (75.5 KB)

modelEPR_Baseline.mod (4.28 KB)