Good mornin . I find some problems in the modefile that I work with"A New Keynesian Model of the Armenian Economy" prepared by Ashot Mkrtchyan, Era Dabla-Norris, and Ara Stepanyan 2009, but I add some modifications using the model of (svensson,2000) to compare the welfare of different monetary policy regimes. I think also that I have some mistakes in the loss function.Can you tell me what is wrong please .Thank you very much
The error message is :
Starting Dynare (version 4.3.2).
Starting preprocessing of the model file …
ERROR: NK_GM052C.mod:54.1-6: syntax error, unexpected VAREXO
??? Error using ==> dynare at 114
DYNARE: preprocessing failed
NK_GM052C.mod (6.31 KB)