hi every body
i have the estimation program for the dsge model
when i run it has the problem
do you have any consult for me to solve this problem
the files is attached
data3.m (6.84 KB)
esttt.mod (13.1 KB)
You need to state what the problem is.
thank you for your hint
when i run DSGE(the estimate programs ) the below error is appear
Error using chol
Matrix must be positive definite.
Error in metropolis_hastings_initialization (line 68)
d = chol(vv);
Error in random_walk_metropolis_hastings (line 62)
ix2, ilogpo2, ModelName, MetropolisFolder, fblck, fline, npar, nblck, nruns, NewFile, MAX_nruns, d ] = …
Error in dynare_estimation_1 (line 782)
feval(options_.posterior_sampling_method,objective_function,options_.proposal_distribution,xparam1,invhess,bounds,dataset_,options_,M_,estim_params_,bayestopt_,oo_);
Error in dynare_estimation (line 89)
dynare_estimation_1(var_list,dname);
Error in esttt (line 1006)
dynare_estimation(var_list_);
Error in dynare (line 180)
evalin(‘base’,fname) ;
Please search the forum, there are various potential problems. As a first indication, take a look at the mode_check plots.