Hello everyone,
I’m trying to run a DSGE model in dynare but it gives the following error message:
Residuals of the static equations:
Equation number 1 : NaN
Equation number 2 : 0
Equation number 3 : -0.0164
Equation number 4 : 0
Equation number 5 : 0
Equation number 6 : NaN
Equation number 7 : 1
Equation number 8 : NaN
Equation number 9 : NaN
Equation number 10 : 0
Equation number 11 : -25
Equation number 12 : -25
Equation number 13 : -25
Equation number 14 : 0
Equation number 15 : 0
Equation number 16 : 13.6899
Equation number 17 : 0
Equation number 18 : 0
Equation number 19 : 0
Equation number 20 : 0
Equation number 21 : 0
Equation number 22 : 4.9983
Equation number 23 : NaN
Equation number 24 : 0
Equation number 25 : 0
Equation number 26 : 0
Equation number 27 : 0
Equation number 28 : 0
Equation number 29 : 0
Equation number 30 : 0
Equation number 31 : NaN
Equation number 32 : 0
Equation number 33 : 0
Equation number 34 : 0
Equation number 35 : -0.40402
Equation number 36 : -0.77346
Equation number 37 : -85
Equation number 38 : 0
Equation number 39 : 0
Equation number 40 : -0.00902
Equation number 41 : -0.05
Equation number 42 : -0.018
Equation number 43 : -0.07
Equation number 44 : -0.0002
Equation number 45 : -0.7
Equation number 46 : -0.0003
Equation number 47 : -0.23
Equation number 48 : -0.0001
Equation number 49 : -0.37
Residuals of the static equations:
Equation number 1 : NaN
Equation number 2 : NaN
Equation number 3 : NaN
Equation number 4 : NaN
Equation number 5 : NaN
Equation number 6 : NaN
Equation number 7 : NaN
Equation number 8 : NaN
Equation number 9 : NaN
Equation number 10 : NaN
Equation number 11 : NaN
Equation number 12 : NaN
Equation number 13 : NaN
Equation number 14 : NaN
Equation number 15 : NaN
Equation number 16 : NaN
Equation number 17 : NaN
Equation number 18 : NaN
Equation number 19 : NaN
Equation number 20 : NaN
Equation number 21 : NaN
Equation number 22 : NaN
Equation number 23 : NaN
Equation number 24 : NaN
Equation number 25 : NaN
Equation number 26 : NaN
Equation number 27 : NaN
Equation number 28 : NaN
Equation number 29 : NaN
Equation number 30 : NaN
Equation number 31 : NaN
Equation number 32 : NaN
Equation number 33 : NaN
Equation number 34 : NaN
Equation number 35 : NaN
Equation number 36 : NaN
Equation number 37 : NaN
Equation number 38 : NaN
Equation number 39 : NaN
Equation number 40 : NaN
Equation number 41 : NaN
Equation number 42 : NaN
Equation number 43 : NaN
Equation number 44 : NaN
Equation number 45 : NaN
Equation number 46 : NaN
Equation number 47 : NaN
Equation number 48 : NaN
Equation number 49 : NaN
Error using print_info (line 90)
The steady state contains NaN or Inf
Error in steady (line 104)
print_info(info,options_.noprint, options_);
Error in SOE (line 642)
steady;
Error in dynare (line 235)
evalin(‘base’,fname) ;
Could you help me please?
Thanks for your time,
Hugo
Ps: I attach the code.SOE.mod (15.0 KB)