I am running a Bayesian estimation for a new Keynesian multisector model. I need to compute the IRFs, but as there are too many variables, Matlab crashes before finishing the computation.
Is there a way to compute the Bayesian IRFs without plotting them? I just need them to be stored on the oo_.irfs file.
What exactly is the error message. Big models should not crash. To answer your question, you can use the
Thanks! The nograph option should work. I’m reaching the limit of windows objects and then Matlab stops:
The error in the dynare file is:
java.lang.InternalError: The current process has used all of its system allowance of handles for Window Manager objects.
at sun.awt.windows.WToolkit.eventLoop(Native Method)
I tried running with the
nograph option, and the IRFs are computed, but I am not getting the file with the results. In the output I get:
STOCHASTIC_SOLVER: The Jacobian of the dynamic model contains Inf. The problem is associated with:
Derivative of Equation 1 with respect to Variable pi (initial value of pi: 0)
Derivative of Equation 1 with respect to Variable i (initial value of i: 0)
Derivative of Equation 1 with respect to Variable vb (initial value of vb: 0)
which are variables of my euler equation and have a 0 steady-state value. Do you have any idea what could be causing this problem?
dy_code2.mod (14.9 KB)
You did not provide the
I guess that was the message for
sigma=0 during the
mode_check-plots. That is expected. The model will not work for all parameter values.