I'm a beginner working with Dynare and trying to estimate a new keynesian model, but always get this error code:
MJDGGES returns the following error code: 6
I'm not sure, if the error occurs, because of i specified wrong steady state vlaues or if the model itself is wrong. Changing the parameters and the steady state values doesn't remove the error.
I'm using the STEADY_STATE operator and think, i missspecified something. Does anybody of you find the error?
Thank your for your help