Dear all,
I’m learning DYNARE, and using it to make one paper. But there are always error with steady state when running .mod file, and I have no idea about how to cope with sdeady state and initial values and I don’t know where mistakes are. I have made the loglinearied model and derived all of formulas many times, but it is still wrong. Plz help me to check my problems, attached are the .mod and .txt file with error information in matlab.
Thank you for your consideration.
Best Regards,
2/19/2010
dynare paper4
Configuring Dynare …
[mex] Generalized QZ.
[m] Sylvester equation solution.
[mex] Kronecker products.
[mex] Sparse kronecker products.
Starting Dynare …
Starting preprocessing of the model file …
19 equation(s) found
Processing derivation …
Processing Order 1… done
Processing Order 2… done
Processing outputs …
Preprocessing completed.
Starting Matlab computing …
SOLVE: Iteration 1
Spurious convergence.
-1.9536
-2.5599
0.0394
2.3087
-6.2324 - 1.5708i
-5.3710
-3.3495
-4.7934
-4.8034
-0.5186
-3.2587
-0.5942 + 3.1416i
-5.2383 - 0.3791i
0.0000
-0.0000
-0.0000
0.0000
6.2273 - 1.6700i
18.2321 - 3.1416i
??? Error using ==> steady_ at 77
STEADY: convergence problems
Error in ==> steady at 52
steady_;
Error in ==> paper4 at 300
steady;
Error in ==> dynare at 102
evalin(‘base’,fname) ;
loglinearized_model.doc (97 KB)
err_info.txt (1.05 KB)
paper4.mod (6.16 KB)