Dear all,

i’m trying to run a new keynesian model with endogenous capital accumulation. As i want to see the effecty by shocks on all variables, i don’t use a three equation specification (as fe. Gali), but specify all equations.

Running the model yields the following error code:

Starting Dynare (version 4.1.3).

Starting preprocessing of the model file …

ERROR: erweitertesModell.mod:63.120: character unrecognized by lexer

Can anybody help me? I’m quite new in using Dynare, maybe i also made a mistake by extending the simple basic model by endogenous capital accumulation

Thank you!

new keynesian model.mod (3.62 KB)