Dear all,
I am new to Dynare and trying to run the external steady state.m file for my 2 period-OLG model. However, this undefined function error shows up. If I run the mod. file without external steady state.m file, it does work, also when I try to solve the steady state by fsolve, it finds numerical solutions for the steady state.
I checked some of the legacy posts, still I couldn’t solve the problem. The error message are follows.
Undefined function or variable ‘kstar’.
Error in paper2_210419_worked_steadystate (line 26)
tstar = (rrhop_bar+ b_bar/(1-alppha-varrphi))(1/(rrhop_bar +
b_bar/(rrho(1+gammafe1f)(1+phif+betta)+(1-rrho)chi_bar(1+gammaie1i)(1+phii+betta)/thetta -
rrho*(1+gammafe1f)b_bar/((alppha1/kstar^(1-alppha)hstar^varrphi-deltta)(1-tstar)(1+gammafe1f)(1-alppha-varrphi)+p_bar)
- (1-rrho)chi_barb_bar/(alppha1/kstar^(1-alpphahstar^varrphi)-deltta)(1-chi_bartstar)*(1-alppha-varrphi)))) ;
Error in evaluate_steady_state_file (line 52)
[ys,check] = h_steadystate(ys_init, exo_ss);
Error in evaluate_steady_state (line 212)
[ys,params,info] = evaluate_steady_state_file(ys_init,exo_ss,M, options,steadystate_check_flag);
Error in steady_ (line 55)
[steady_state,params,info] = evaluate_steady_state(oo_.steady_state,M_,options_,oo_,~options_.steadystate.nocheck);
Error in steady (line 81)
[steady_state,M_.params,info] = steady_(M_,options_,oo_);
Error in paper2_210419_worked (line 310)
steady;
Error in dynare (line 235)
evalin(‘base’,fname) ;
Thank you very much in advance for your help.
paper2_210419_worked_steadystate.m (2.8 KB)
paper2_210419_worked.mod (9.1 KB)