Hi Professor,
I am new to Dynare and I was trying to replicate an article. It is Bayesian estimation. When i run my code i got this problem:
dynare_estimation_init:: The steady state at the initial parameters cannot be computed.
错误使用 print_info
The steady state has NaNs or Inf.
出错 dynare_estimation_init (第 621 行)
print_info(info, 0, options_);
出错 dynare_estimation_1 (第 110 行)
dynare_estimation_init(var_list_, dname, , M_, options_, oo_, estim_params_, bayestopt_);
出错 dynare_estimation (第 118 行)
dynare_estimation_1(var_list,dname);
出错 dynare_source_code.driver (第 697 行)
oo_recursive_=dynare_estimation(var_list_);
出错 dynare (第 281 行)
evalin(‘base’,[fname ‘.driver’]);
My code is the following:
dynare_source_code.mod (7.8 KB)
Thank you so much in advance for any help!
Best regards,
Ryleigh