Hi,
I get this error message but i do not know how to solve it:
Configuring Dynare …
[mex] Generalized QZ.
[mex] Sylvester equation solution.
[mex] Kronecker products.
[mex] Sparse kronecker products.
[mex] Bytecode evaluation.
[mex] k-order perturbation solver.
[mex] k-order solution simulation.
Starting Dynare (version 4.1.1).
Starting preprocessing of the model file …
Found 14 equation(s).
Evaluating expressions…done
Computing static model derivatives:
- order 1
Computing dynamic model derivatives: - order 1
- order 2
Processing outputs …done
Preprocessing completed.
Starting MATLAB/Octave computing.
Warning: Divide by zero.
In baseline1_static at 61
In resol at 91
In check at 45
In baseline1 at 134
In dynare at 132
Warning: Divide by zero.
In baseline1_static at 61
In dynare_solve at 70
In resol at 93
In check at 45
In baseline1 at 134
In dynare at 132
Warning: Divide by zero.
In baseline1_static at 114
In dynare_solve at 70
In resol at 93
In check at 45
In baseline1 at 134
In dynare at 132
Warning: Divide by zero.
In baseline1_static at 115
In dynare_solve at 70
In resol at 93
In check at 45
In baseline1 at 134
In dynare at 132
Warning: Divide by zero.
In baseline1_static at 116
In dynare_solve at 70
In resol at 93
In check at 45
In baseline1 at 134
In dynare at 132
STEADY: numerical initial values incompatible with the following equations
3 7 13
??? Error using ==> dynare_solve
exiting …
Error in ==> resol at 93
[dr.ys,check1] = dynare_solve(fh,dr.ys,options_.jacobian_flag,…
Error in ==> check at 45
[dr, info] = resol(oo_.steady_state,1);
Error in ==> baseline1 at 134
check;
Error in ==> dynare at 132
evalin(‘base’,fname) ;
Thanks in advance for your time and help. Best,
baseline1.mod (1.43 KB)