Dear jpfeifer,

I am working on a model with migration, so there are two kinds of households, migrants and natives, they have similar preferences but different budget constraint.

I have computed the steady-state, however, I cannot manage to find the right equation for profits. I wonder if you could have a look and give me some feedback.

This is the result once a run the model and below I have attached the model with the steady state file.

Many thanks!

Error using print_info (line 76)

The steady state file did not compute the steady stateError in check (line 76)

print_info(info, 0, options);Error in Migration13 (line 307)

oo_.dr.eigval = check(M_,options_,oo_);Error in dynare (line 223)

evalin(‘base’,fname) ;Equation number 1 : 0

Equation number 2 : 0

Equation number 3 : 0

Equation number 4 : 0

Equation number 5 : 0

Equation number 6 : 0

Equation number 7 : 0

Equation number 8 : 0

Equation number 9 : 0

Equation number 10 : 0

Equation number 11 : 0

Equation number 12 : 0

Equation number 13 : 0

Equation number 14 : 0

Equation number 15 : 0

Equation number 16 : 0

Equation number 17 : 0

Equation number 18 : 0

Equation number 19 : 0

Equation number 20 : 0

Equation number 21 : 0

Equation number 22 : 0

Equation number 23 : 0

Equation number 24 : 0

Equation number 25 : 0

Equation number 26 : 0

Equation number 27 : 0

Equation number 28 : -0.48332

Equation number 29 : 0

Equation number 30 : 0

Equation number 31 : 0

Equation number 32 : 0

Equation number 33 : 0

Equation number 34 : 0

Equation number 35 : 0MODEL_DIAGNOSTICS: The steady state cannot be computed

Migration13_steadystate.m (7.9 KB)

Migration13.mod (4.2 KB)