Dear Pro. Pfeifer,

My model runs with stoch_simul but fails when estimation. I receive the error message:

dynare_estimation_init:: The steady state at the initial parameters cannot be computed.

错误使用 print_info (第 32 行)

The steadystate file did not compute the steady state

出错 dynare_estimation_init (第 619 行)

print_info(info, 0, options_);

出错 dynare_estimation_1 (第 112 行)

dynare_estimation_init(var_list_, dname, [], M_, options_, oo_, estim_params_,

bayestopt_);

出错 dynare_estimation (第 105 行)

dynare_estimation_1(var_list,dname);

出错 optimal_est.driver (第 1187 行)

oo_recursive_=dynare_estimation(var_list_);

出错 dynare (第 293 行)

evalin(‘base’,[fname ‘.driver’]) ;

My mod file and data are

optimal_est.mod (39.3 KB)

QtoQ_1997_2021.mat (7.5 KB)

Any help will be appreciated.

Thanks,

Zixiang Zhu