Hello Professors,

I am trying to run this model in dynare but every time I try to run it it gives the following error message:

Residuals of the static equations:

Equation number 1 : 0 : 1

Equation number 2 : 0 : CR

Equation number 3 : 0 : K

Equation number 4 : 0 : Div

Equation number 5 : 0 : CNR

Equation number 6 : 0 : C

Equation number 7 : 3.7103 : Y

Equation number 8 : 0 : W

Equation number 9 : 0 : L

Equation number 10 : 0 : 10

Equation number 11 : 9.3301 : T

Equation number 12 : 0 : G

Equation number 13 : 0 : IG

Equation number 14 : 0 : Tr

Equation number 15 : 0 : Pn

Equation number 16 : 0 : KG

Equation number 17 : 1.4521 : 17

Equation number 18 : 0 : zetaa

Equation number 19 : 0 : zetab

Equation number 20 : 0 : Delta

Error using print_info (line 32)

The steadystate file did not compute the steady state

Error in steady (line 102)

print_info(info,options_.noprint, options_);

Error in OTT.driver (line 321)

steady;

Error in dynare (line 293)

evalin(‘base’,[fname ‘.driver’]) ;

Some people have asked similar questions here, and you proposed to use “steady(solve_algo=,maxit=)”. I tried to do some, but nothing new.

I need a help please.

Thanks,

I have attached the code OTT.mod (2.7 KB)