Dynare forums

var (...) ;
varexo eps_gamma ;
parameters (...);
load_params_and_steady_state(ParamMatrix);

model;
(...) //I removed the monetary policy: n equations, n+1 variables
end;

initval;
(...)
end;

shocks;
var eps_gamma = 1;
end;

planner_objective((sigmac/(sigmac-1))*(c-bc*c(-1))^((sigmac-1)/sigmac) - (1/(1+sigmal))*lh^(1+sigmal));
ramsey_policy(planner_discount=0.99,order=1);

Starting Dynare (version 4.1.2).
Starting preprocessing of the model file ...
Reading ParamMatrix.
Assertion failed: lag == 0, file DataTree.cc, line 82

This application has requested the Runtime to terminate it in an unusual way.
Please contact the application's support team for more information.

??? Error using ==> dynare at 126
DYNARE: preprocessing failed

Starting Dynare (version 4.1.2).
Starting preprocessing of the model file ...
Reading ParamMatrix.
Found 85 equation(s).
Evaluating expressions...done
Computing static model derivatives:
- order 1
Computing dynamic model derivatives:
- order 1
- order 2
Computing static model derivatives:
- order 1
- order 2
Processing outputs ...done
Preprocessing completed.
Starting MATLAB/Octave computing.

Warning: Log of zero.
> In model_FA_NL_ZLB at 680
In dynare at 132
Warning: Rank deficient, rank = 0, tol = 1.#INFe+000.
> In dyn_ramsey_static_ at 106
In dynare_solve at 72
In dr1 at 116
In resol at 128
In stoch_simul at 42
In ramsey_policy at 25
In model_FA_NL_ZLB at 708
In dynare at 132
STEADY: numerical initial values incompatible with the following equations
20 25 35 86

??? Error using ==> dynare_solve at 82
exiting ...

Error in ==> dr1 at 116
[oo_.steady_state,info1] = dynare_solve('dyn_ramsey_static_', ...

Error in ==> resol at 128
[dr,info,M_,options_,oo_] = dr1(dr,check_flag,M_,options_,oo_);

Error in ==> stoch_simul at 42
[oo_.dr, info] = resol(oo_.steady_state,0);

Error in ==> ramsey_policy at 25
info = stoch_simul(var_list);

Error in ==> model_FA_NL_ZLB at 708
ramsey_policy(var_list_);

Error in ==> dynare at 132
evalin('base',fname) ;

planner_objective((sigmac/(sigmac-1))*(c-bc*c(-1))^((sigmac-1)/sigmac) - (1/(1+sigmal))*lh^(1+sigmal));
ramsey_policy(planner_discount=0.99,order=1);

Starting Dynare (version 4.1.2).
Starting preprocessing of the model file ...
Reading ParamMatrix.
Assertion failed: lag == 0, file DataTree.cc, line 82

This application has requested the Runtime to terminate it in an unusual way.
Please contact the application's support team for more information.

planner_objective(ln(c-bc*clag) - (1/(1+sigmal))*lh^(1+sigmal));
ramsey_policy(planner_discount=1,order=1,irf=30) y R c pip;

??? Function 'mtimes' is not defined for values of class 'logical'.

Error in ==> mtimes at 18
[varargout{1:nargout}] = builtin('mtimes', varargin{:});

Error in ==> dr1 at 127
info(2) = check1'*check1;

Error in ==> resol at 128
[dr,info,M_,options_,oo_] = dr1(dr,check_flag,M_,options_,oo_);

Error in ==> stoch_simul at 42
[oo_.dr, info] = resol(oo_.steady_state,0);

Error in ==> ramsey_policy at 25
info = stoch_simul(var_list);

Error in ==> model_FA_NL_ZLB1 at 585
ramsey_policy(var_list_);

Error in ==> dynare at 132
evalin('base',fname) ;

??? Reference to non-existent field 'instruments'.

Error in ==> dr1 at 89
instruments = options_.instruments;

Error in ==> resol at 128
[dr,info,M_,options_,oo_] = dr1(dr,check_flag,M_,options_,oo_);

Error in ==> stoch_simul at 42
[oo_.dr, info] = resol(oo_.steady_state,0);

Error in ==> ramsey_policy at 25
info = stoch_simul(var_list);

Error in ==> model_FA_NL_ZLB at 582
ramsey_policy(var_list_);

Error in ==> dynare at 132
evalin('base',fname) ;