Question

Steady state
1

hi every body
i have a dynare file when i run it
this error is appear
The Jacobian matrix evaluated at the steady state contains elements that are not real or are infinite
do you have any idea?
tt.mod (14.6 KB)

2

Check all your parameter definitions (and when doing estimation, make sure parameter dependencies are correctly handled). For example

rk_ss=((my_iss/betta)-(1+delta))/(1-tauk_ss);
results in rk_ss being negative, which is unusual. t_ss is complex. Use F9 in Matlab to execute the relevant code parts.

3

[quote=“jpfeifer”]Check all your parameter definitions (and when doing estimation, make sure parameter dependencies are correctly handled). For example

rk_ss=((my_iss/betta)-(1+delta))/(1-tauk_ss);
results in rk_ss being negative, which is unusual. t_ss is complex. Use F9 in Matlab to execute the relevant code parts.[/quote]

thanks alot