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