Hi,
I am trying to replicate a NK model with financial accelerator along the line of Christensen and Dib ,2007. I tried simulating the model with parameter values that the authors generated, and got almost similar irf except for the magnitudes of some of the variables. Now I am trying to run estimation using both Bayesian and MLE, using HP filtered data, and having problems! Matlab is giving the following error message when I am trying to estimate the parameters of the monetary policy rule:
??? Error using ==> print_info
MJDGGES returns the following error code13
Error in ==> check at 53
print_info(info);
Error in ==> dib at 224
check;
Error in ==> dynare at 102
evalin('base',fname) ;
and when I am trying to estimate some other parameters, it is not giving me any error but Matlab continues to run without stopping...(i guess it gets into some sort of loop?)...
I would really appreciate help on this....it could be some trivial error in my code or data or something fundamentally wrong ...i tried a lot to figure this out but without success. I am attaching the mod file and data set.
Thanks
Atanu
Virginia Tech