"The steadystate file did not compute the steady state"#3

Steady state
1

Newcomer got an error

Hello! I’m writing a diploma paper about DSGE and open economy. I have written the dynare code, but acquired an error about steady state:

Error using print_info (line 32)
The steadystate file did not compute the steady state

Error in steady (line 102)
print_info(info,options_.noprint, options_);

Error in Diplom.driver (line 341)
steady;

Error in dynare (line 293)
evalin(‘base’,[fname ‘.driver’]) ;

I will be very happy if you help me!!!

Diplom.mod (2.2 KB)

2

Check your computations. For example, you are mixing up gross and net interest rates. It needs to be

i=1/beta-1;
iff=1/beta;

and similarly in the Taylor rule.

3

Okay, thank you!