Hi! I am quite new with Dynare. Nevertheless , am trying to run up a quite complex model.
I got the following message :
Warning: Some of the parameters have no value (c1shareoop, c2shareoop, c2sharemcm, c2sharecnc, c2sharemim,
c2ratiooyoc, c2shareowo) when using steady. If these parameters are not initialized in a steadystate file,
Dynare may not be able to solve the model…
In test_for_deep_parameters_calibration at 46
In steady at 33
In oilmodJRstickycombodynarenonlineartest at 2088
In dynare at 180
You are not performing a proper recursive setting of parameters. The problem starts with
When you execute this, c2w is not defined. The message about c1shareoop comes from you trying to reset it later on using undefined parameters so that it is NaN. Replace the comments with “//” with the Matlab comment “%” and then use Matlab’s code execution to check the parameter definitions (select code and then use Evaluate Selection of F9)