Estimating the Ireland’s(JME,2001) model on sticky price of RBC models, i encountered a problem of convergence , i tried to change the initial value of variables( the economic variables and the lagrangian multipliers),i can simulate the model
Best regards
Please provide more details like the exact error message and your *.mod file and data file
Best
Michel
[quote=“MichelJuillard”]Please provide more details like the exact error message and your *.mod file and data file
Best
Michel[/quote]
Matlab displays that the number of iteration (maxiter) is attained without result or blanchard and kahn conditions are not verified .
the problem is in the data or in initial values
without your *.mod file the data, I can’t tell you anything
Best
Michel