Dynare forums

Hello all,

I was wondering if someone could help me.
I did simulate a New keynesian model from Gali's book and the routine work well, but when i tried to extend my work with bayesian estimation and i get this error: MJDGGES returns the following error code: 6

The mod file is attached.

Thanks a lot.

Most of your parameters (like beta) are not correctly initialized before running the check; command. Put steady; before check; and you will see that you try to test the BK-conditions at a steady state that cannot be computed. Only later on in the mod-file are the parameters initialized by the estimation starting values.

Thanks a lot jpfeifer

it is working now!