RBC model: steady state fails

Steady state
1

Hi,

I tried to play with a very simple model in dynare (see attached). I can solve it by specifying the initial values, but when I tried to use steady_state_model, it won’t give me the solution. It keeps telling me “The steadystate file did not compute the steady state”.

Here’s the dynare code:
moxing4.mod (881 Bytes)

Here’s the full error message:
错误使用 print_info (第 32 行)
The steadystate file did not compute the steady state
出错 steady (第 102 行)
print_info(info,options_.noprint, options_);
出错 moxing4.driver (第 184 行)
steady;
出错 dynare (第 293 行)
evalin(‘base’,[fname ‘.driver’]) ;

Could anyone help me with this problem? Thank you in advance!!

2

The exponent in the return to capital equation was wrong.
moxing4.mod (888
Bytes)

1 Like
3

Dear Professor, I really appreciate your guidance. I will continue to strive to improve. :100: