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covergence problem

PostPosted: Thu Jan 08, 2009 12:59 pm
by luckygift2002
Dear all,

When I was running DYNARE V3, I have come across following error message:
?? Error using ==> steady_ at 27
STEADY: convergence problems

Error in ==> steady at 7
steady_;

Error in ==> ftpl_chapter3_1 at 151
steady(0);

Error in ==> dynare at 26
evalin('base',fname) ;


Can anyone tell me what reason cause the model does not converge? Many thanks and very appreciated.

Best,

Jing