Hi professor,
please could you have a check of the mod file:
it worked fine when producing IRFs,but reported errors with estimation:
Warning: Matrix is singular to working precision.
In evaluate_steady_state (line 263)
In resol (line 104)
In stoch_simul (line 89)
In money (line 595)
In dynare (line 235)
Error using print_info (line 90)
The steady state contains NaN or Inf
Error in stoch_simul (line 100)
print_info(info, options_.noprint, options_);
Error in money (line 595)
info = stoch_simul(var_list_);
Error in dynare (line 235)
evalin(‘base’,fname) ;
datauk.xls (101.5 KB)