Hi, I very confused with the complains about of Dynare that I never met before. I have computed the steady states and fed them to initval block. I run the mod file in 4.4.0 but Dynare keep complaining about initial values being all zeros. What is wrong? Anybody can give help? aa2016_nonlinear_lev…

For 4.6.3, see [image] Code not working after updating Dynare to 4.6.0 Steady state Hi, I suppose you are using a steady state file. You need to adapt this routine for 4.6.0 (we changed the interface of the routine for efficiency reasons). All this is explained here: B…

Please use a newer Dynare version. Check your equations. E.g. it should most probably be log(A) = rhoA*log(A(-1)) + epsA;

Thank you! @jpfeifer ! I updated the mod file for Taylor rule and technology equation. I am pretty sure about the steady states are right since I have check it for many times. The residual are all zeros from manully calculations round up to 1e-15. I have written a steady state file now for the mo…

Thank you @jpfeifer ! I update my steady state file. It works and give me correct message that I need to solve the problem: one of the eig value is zero. Using model_diagnostics(M_,options_,oo_) produces important information: There is a colinearity in the model. I decided to move to the new ve…

Very weired problem with initial values

Steady state

jpfeifer 10 January 2021 16:03 5

For 4.6.3, see