Small Open Economy DSGE Model

Dynare v4 (legacy)
1

Hi,
I am trying to adopt the 2 county US-EU GPM model used by Laxton et al for a small open economy. I would greatly appreciate it if you can help me decipher the following error messages. I am attaching the mod file as well. Thanks
??? Subscripted assignment dimension mismatch.

Error in ==> dr1 at 253
d(1:sdyn,k) = a(nstatic+1:end,kstate(k,3)) ;

Error in ==> resol at 87
[dr,info] = dr1(dr,check_flag);

Error in ==> check at 38
[dr, info] = resol(oo_.steady_state,1);

Error in ==> soe1 at 326
check;

Error in ==> dynare at 68
evalin(‘base’,fname) ;
soe1.mod (16 KB)

2

Hi

if I am not wrong, I have counted 38 endogenous variables and 35 equations. Those two numbers should be equal. You are missing some equations…

Best regards.

Paolo

3

[quote=“p.gelain”]Hi

if I am not wrong, I have counted 38 endogenous variables and 35 equations. Those two numbers should be equal. You are missing some equations…

Best regards.

Paolo[/quote]

Thanks Paulo,
Urmila