Steady state contains NAN: another unsolved case!

General DSGE Modeling Replication Attempts
1

Hey everybody,
Please I am facing the same problem of “The steady state contains NaN or Inf”,
But I always looking for the steady state part and I think that in the mod file all variables were initialized so from where the problem comes!!!
Thanks for your help

2

You need to add:

steady_state_model;
mup = mupss;
muw = muwss;
ygrobs = gamma;
qgrobs  =  gamma; 
rwagegrobs = gamma; 
inflobs = inflss;
ffrobs = rss;
cgrobs = gamma;

end;
3

Thanks dear Johannes for your help,
However, I got another error message

??? Error using ==> print_info at 42
Blanchard Kahn conditions are not satisfied: no stable equilibrium

Error in ==> print_info at 42
error([‘Blanchard Kahn conditions are not satisfied: no stable’ …

Error in ==> initial_estimation_checks at 175
print_info(info, DynareOptions.noprint, DynareOptions)

Error in ==> dynare_estimation_1 at 165
oo_ = initial_estimation_checks(objective_function,xparam1,dataset_,dataset_info,M_,estim_params_,options_,bayestopt_,bounds,oo_);

Error in ==> dynare_estimation at 105
dynare_estimation_1(var_list,dname);

Error in ==> cn_amend_7obs at 446
oo_recursive_=dynare_estimation(var_list_);

Error in ==> dynare at 235
evalin(‘base’,fname) ;
thanks in advance

4

See