Steady state cannot be computed in v 6.2

Steady state
1

I was running the attached code in Dynare 5.4 without a problem (though it took some work to find values in the initval block that worked, as discussed in a previous post). I installed 6.2 on a new laptop, and running the exact same code I get the error that the steady state cannot be computed. I looked over the release notes for 6.0-6.2 and didn’t see anything obvious, but did something in the nonlinear solver change between 5.4 and 6.2? I’d rather not go through the whole process again of finding an initval block that works if there’s a simpler explanation. Thank you.
Model_fttb1S3JR.mod (8.1 KB)

2

There has been a change in the implementation of the solver. But

steady(solve_algo=4,maxit=500);

works for me.

3

Yes, that works! Thank you.