I have run into difficultities when running the attached model file.
The error message says" ERROR: money.mod: line 356, cols 6-10: Symbol y cannot take arguments.
Error using dynare (line 229)
DYNARE: preprocessing failed
Thanks for your help.
However, I stil had some problems computing the steady state after adjustment. I have tried to add the"initval" and " steady_state_model" block, without any success. Please could you help me again?