Dynare forums

Hi,

Attached is a mod file. Every equation has been solved by hand and steady states worked out. But I dont understand for what reason such a simple model is so reluctant to solve. Several errors. Need some help and insight.

Thanks

Use

Code: Select all

resid;


before

Code: Select all

steady;

to see that your steady state computations do not match the entered equations. Either your steady state or the entered equations are still wrong.

When I type resid before steady, it produces two sets of residuals as follows. What is the difference between the two? (One has a large number of errors than the other)

Residuals of the static equations:

Equation number 1 : 0
Equation number 2 : 0
Equation number 3 : 0
Equation number 4 : 0
Equation number 5 : 0
Equation number 6 : 0
Equation number 7 : 0
Equation number 8 : 0
Equation number 9 : 0
Equation number 10 : 0
Equation number 11 : 0
Equation number 12 : 0
Equation number 13 : 0
Equation number 14 : 0
Equation number 15 : 0.044971
Equation number 16 : 0
Equation number 17 : 0
Equation number 18 : 0
Equation number 19 : 0
Equation number 20 : 0
Equation number 21 : 0
Equation number 22 : 0
Equation number 23 : 0
Equation number 24 : 0
Equation number 25 : 0
Equation number 26 : 0
Equation number 27 : 4.6154e-07
Equation number 28 : 0
Equation number 29 : 0
Equation number 30 : 0
Equation number 31 : 0
Equation number 32 : 0
Equation number 33 : 0
Equation number 34 : 0
Equation number 35 : 0
Equation number 36 : 0
Equation number 37 : 0
Equation number 38 : 0
Equation number 39 : 0
Equation number 40 : 0
Equation number 41 : 0
Equation number 42 : 0
Equation number 43 : 0
Equation number 44 : 0
Equation number 45 : 0
Equation number 46 : 0
Equation number 47 : 0
Equation number 48 : 0
Equation number 49 : 0
Equation number 50 : 0
Equation number 51 : 0
Equation number 52 : 0
Equation number 53 : 0
Equation number 54 : 0
Equation number 55 : 0
Equation number 56 : 0
Equation number 57 : 0
Equation number 58 : 0
Equation number 59 : 0
Equation number 60 : 0
Equation number 61 : 0
Equation number 62 : 0
Equation number 63 : 0



SOLVE: maxit has been reached




Residuals of the static equations:

Equation number 1 : 0
Equation number 2 : 0
Equation number 3 : 0
Equation number 4 : 0
Equation number 5 : 0
Equation number 6 : 0
Equation number 7 : 0
Equation number 8 : 0
Equation number 9 : 0
Equation number 10 : 0
Equation number 11 : 0
Equation number 12 : 2.1946e-07
Equation number 13 : 0
Equation number 14 : 0
Equation number 15 : 4.2124e-06
Equation number 16 : -0.00028417
Equation number 17 : 0
Equation number 18 : 0
Equation number 19 : 0
Equation number 20 : 0
Equation number 21 : 0
Equation number 22 : 0
Equation number 23 : 0
Equation number 24 : 0
Equation number 25 : 0
Equation number 26 : 0
Equation number 27 : 4.6154e-07
Equation number 28 : 0
Equation number 29 : 0
Equation number 30 : 0
Equation number 31 : 0
Equation number 32 : 1.4714e-05
Equation number 33 : 6.0038e-05
Equation number 34 : 2.9292e-05
Equation number 35 : -3.7891e-06
Equation number 36 : 2.9568e-06
Equation number 37 : 9.0014e-05
Equation number 38 : -5.0522e-06
Equation number 39 : 0
Equation number 40 : 0
Equation number 41 : 0
Equation number 42 : 0
Equation number 43 : 0
Equation number 44 : 0
Equation number 45 : 0
Equation number 46 : 0.00029758
Equation number 47 : 0
Equation number 48 : 0
Equation number 49 : 0
Equation number 50 : 0
Equation number 51 : 0
Equation number 52 : 0
Equation number 53 : 0
Equation number 54 : 0
Equation number 55 : 0
Equation number 56 : 0
Equation number 57 : 0
Equation number 58 : 0
Equation number 59 : 0
Equation number 60 : 0
Equation number 61 : 0
Equation number 62 : 0
Equation number 63 : 0

I revised the initval to match equations. Now. there are no residuals but the model does not solve. model_diagnostics also does not indicate anything. What should I do? file is attached. Appreciate any help.

The first resid before steady gives the residuals based on the starting values, the one after steady the ones based on the failed steady state finding.

Code: Select all

model_diagnostics

provides information on collinearity, but you don't get there, because you have a steady command before it that throws out an error, so the command is never reached.

when i commented out check, model diagnostics started working.

Yes. As I said, you never reached model_diagnostics because of earlier errors.