Dynare forums

Hi guys. I was trying to estimate a model but I got the following error and I cannot find what it refers to:

??? Error using ==> print_info at 36
MJDGGES returns the following error code: 25

Error in ==> initial_estimation_checks at 101
print_info(info, options_.noprint)

Error in ==> dynare_estimation_1 at 367
initial_estimation_checks(xparam1,gend,data,data_index,number_of_observations,no_more_missing_observations);

Error in ==> dynare_estimation at 62
dynare_estimation_1(var_list,varargin{:});

Error in ==> crosscheck_mas_grandecito_pero_no_tanto at 531
dynare_estimation(var_list_);

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


Thanks a lot

Hi, please post the model and data file.

Hello all,

I am running into this very same problem now. Any help on solving this issue would be greatly appreciated.

Running this MOD file under Dynare 4.2.0, it fails at the Blanchard and Kahn rank (and not order) condition.

Which version of Dynare are you using?

Anyways, you need to fix this indeterminacy problem. Search the forum for suggestions and help.

Hi Sébastien,

I am running version 4.2.0. I just have tried to solve this model so many times that I confused the file by the time I posted it. Please find attached the relevant mod file.

Any help would be greatly appreciated.

This MOD file fails the Blanchard-Kahn order condition: not as many forward looking variables as there are eigenvalues of modulus larger than 1.

Search the forum, you will find many posts discussing this issue.

Can someone help with what the following code means?:
??? Error using ==> print_info at 36
MJDGGES returns the following error code: 62

Error in ==> stoch_simul at 71
print_info(info, options_.noprint);

Error in ==> phdfile2 at 1462
info = stoch_simul(var_list_);

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

Thank you

Please post your MOD file, it’s hard to tell what’s going wrong without that information.

Hi i have this problem as well !

Can you please assist me?

I have attached the file for you.

Many thanks

Your model is wrong. Equations like

Code: Select all

r=(1-alpha)*y/k;


are clearly not linear in y and k. If you drop the model(linear)-option, you must also provide initial values using an initval-block. Also, always put

Code: Select all

steady;
check;

before the stoch_simul command.