My model present error. I don’t know why. I always change it. But it’s nothing.
错误使用 print_info (line 32)
Impossible to find the steady state (the sum of square residuals of the static equations is 6.1171). Either the model doesn’t have a steady
state, there are an infinity of steady states, or the guess values are too far from the solution
出错 steady (line 102)
print_info(info,options_.noprint, options_);
出错 hujitudi1124.driver (line 492)
steady;
出错 dynare (line 293)
evalin(‘base’,[fname ‘.driver’]) ; hujitudi1124.mod (3.4 KB)
Only do the exp()-substitution once the model works. Also, provide explicit initial values.