Hi I am a newbie to Dynare and just wanted to know what is wrong in the following lines of code. I get this error message:
Error using ones
NaN and Inf not allowed.
Error in dyntable (line 58)
hh = hh char(32*ones(1,hlb)) deblank(headers(i,:)) …
Error in disp_moments (line 97)
dyntable(title,headers,labels,autocorr,size(labels,2)+2,8,4);
Error in stoch_simul (line 154)
disp_moments(oo_.endo_simul,var_list);
Error in simpleplusplus (line 103)
info = stoch_simul(var_list_);
Error in dynare (line 120)
evalin(‘base’,fname) ;
thanks for your help!!!
var gc v gd;
varexo eps ;
parameters mu beta theta ;
mu = 0.02;
beta = 0.97;
theta = 2 ;
model;
v = beta*((1+gc(+1))^(-theta))(1+gd(+1))(1+v(+1));
gd = mu + eps;
gc = mu + eps;
end;
initval;
gc=.02;
gd=.02;
v=10;
end;
steady;
shocks;
var eps; stderr .2;
end;
steady;
check;
stoch_simul(periods=2000, irf=30, order=3);