Dear all,

I can not figure out what is wrong with my equations or anything else that I get the error “The steadystate file did not compute the steady state”. The purpose of , `mu`

which shows up before `mb`

in CIA constraint, is to model money multiplier.

first.mod (700 Bytes)

Thanks in advance

Thanks. It should be `r = (1+pi)/beta - 1;`

right?

and i realized `h`

does not have closed form solution so I used Matlab for it’s steady state value. but again, Dynare can not compute steady state . I don’t know why?

first2.mod (702 Bytes)

h_helper.m (110 Bytes)

Your solver for the steady state returns a complex number.