Hi all,

I have some troubles in dynare.I am having a hard time to work with modle file in matlab. Can someone tell me what I am doing wrong here.

Thank you for any help or suggestion!

The presence of a singularity problem typically indicates that there is one

redundant equation entered in the model block, while another non-redundant equation

is missing. The problem often derives from Walras Law.

??? Error using ==> print_info at 37

The generalized Schur (QZ) decomposition failed. For more information, see the

documentation for Lapack function dgges: info=38, n=36. You can also run

model_diagnostics to get more information on what may cause this problem.

Error in ==> stoch_simul at 98

print_info(info, options_.noprint, options_);

Error in ==> papercode at 560

info = stoch_simul(var_list_);

Error in ==> dynare at 180

evalin(‘base’,fname) ;

papercode.mod (5.27 KB)