Some problems in calibration

Dear friends, sorry to post such some simple questions.
I encountered an error as below:
??? Error using ==> print_info at 74
Impossible to find the steady state. Either the model doesn’t have a steady state, there are an infinity of steady states, or the guess values are too far from the solution

The residuals of some static equations are not equal to zero.

I also doubt that whether using “exp” or not for third-order approximation is correct, ie. exp(var).(and initial values of vars are in log).
In addition, I want to use the function of “norminv” in the model block to deduce instead of using normcdf, ie. Y = norminv(B). But it does not work. I also try with an external function but in vain.
Sorry for my incomplete questions.
Thanks a lot.

Try not to do all at once. The first step is to get the model running at order=1 without any exp()-substitution. Once that works, do the exp()-substitution, working from the running, unlogged version. Only then go to third order.
The norminv part will be tricky to achieve. Dynare does currently not support


You can define it as an external function, but Dynare does not yet support this at order=3, see

Dear Prof. Pfeifer, Thanks for your advice!