hi,
what happens if some of my steady state values are 0 and the following error shows:
how do i process further? pls
dynare kk4.mod
Configuring Dynare …
[mex] Generalized QZ.
[mex] Sylvester equation solution.
[mex] Kronecker products.
[mex] Sparse kronecker products.
[mex] Local state space iteration (second order).
[mex] Bytecode evaluation.
[mex] k-order perturbation solver.
[mex] k-order solution simulation.
[mex] Quasi Monte-Carlo sequence (Sobol).
[mex] Markov Switching SBVAR.
Starting Dynare (version 4.3.3).
Starting preprocessing of the model file …
Substitution of exo leads: added 1 auxiliary variables and equations.
Substitution of exo lags: added 5 auxiliary variables and equations.
Found 43 equation(s).
Evaluating expressions…done
Computing static model derivatives:
- order 1
Computing dynamic model derivatives: - order 1
- order 2
Processing outputs …done
Preprocessing completed.
Starting MATLAB/Octave computing.
STEADY-STATE RESULTS:
c 0
yo 0
ym 0
ys 0
yom 0.4
yos 0.5
y 0
ymva 0
pi 1.101
xm 0.4
xs 0.6
ysva 0
pm 0.264342
z 0.030053
po 0
Wo 0.15
Wm 0.05
Ws 0.18
ko 3
km 1.5
ks 2
p 0.2
lo 0.15
lm 0.05
ls 0.18
b 0
wo 0
wm 0
ws 0
qo 0
qm 0
qs 0
pO 0
ps 0.126814
s 0
R 0.952029
mcs 0.770532
??? Error using ==> print_info at 36
The generalized Schur (QZ) decomposition failed. For more information, see
the documentation for Lapack function dgges: info=12, n=10
Error in ==> stoch_simul at 81
print_info(info, options_.noprint);
Error in ==> kk4 at 369
info = stoch_simul(var_list_);
Error in ==> dynare at 120
evalin(‘base’,fname) ;
kk4.mod (2.27 KB)