Steady state not computed in spite of residuals being zero

Steady state
1

Hi,

Does anyone have an idea of why sometimes Dynare does not compute the steady state, in spite of the residuals being zero?

Many thanks
test.mod (4.7 KB)
test_steadystate.m (2.7 KB)

2

The reason is your steady state file passes a check variable that does not evaluate to 0 or false. This indicates an error code. You may want to delete the line

check = (cp + cb + ci + Ih + Ik)*xe;
3

Thanks a lot, you’re absolutely right.