Hi,

Inciso1.mod (2.1 KB)

Inciso2.mod (2.3 KB)

Here I include the NK model I want to analyze, Inciso1.mod it’s my base model and runs well, Inciso2.mod includes a different Monetarý Policy Rule and dynare won’t find an steady state

Here the Matlab output.

Residuals of the static equations:

Equation number 1 : 0.010609 : 1

Equation number 2 : -0.0029745 : 2

Equation number 3 : 0.0024998 : 3

Equation number 4 : 0.004359 : 4

Equation number 5 : 0.011969 : 5

Equation number 6 : -0.0028783 : 6

Equation number 7 : -0.0024115 : 7

Equation number 8 : 0.002247 : 8

Equation number 9 : 0 : a

Equation number 10 : 0 : nu

Error using print_info (line 32)

Impossible to find the steady state (the sum of square residuals of the static equations is 0.0003). Either the model

doesn’t have a steady state, there are an infinity of steady states, or the guess values are too far from the solution

Error in steady (line 102)

print_info(info,options_.noprint, options_);

Error in Inciso2.driver (line 240)

steady;

Error in dynare (line 293)

evalin(‘base’,[fname ‘.driver’]) ;