Hi everyone. I’m trying to run a TANK model to assess QE policies, but I have some problems with the steady state. When I run the model, some equations have residuals different from zero, as you can see below:

Equation number 26 : 0 : 26

Equation number 27 : -0.0044324 : Omega

Equation number 28 : -0.0029219 : phi

Equation number 29 : -14.8959 : 29

Equation number 30 : 7.2305e-06 : 30

Equation number 31 : 0.0055792 : n

I know that the problem may be related with the variables in equation 29, but I’m strugling to solve. Could somebody please help me.

Thanks.

execute_lr2023.m (7.5 KB)

lr_2023.mod (8.6 KB)