I am sorry for the trivial question I am going to ask.
I have built a simple RBC model with government debt, distortionary taxes and habits which worked well.
Since few days I am trying to switch to a NK model. But since I have tried to implement price stickyness (calvo) Dynare is not able to find the steady state of some variables.
I realy don’t kmow where I did a mistake. Could someone look at my code and explain me what I did wrong?
nk2.mod (3.4 KB)
Thanks In advance.