some problems with BGG model
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hi guys,
I am writing the dynare code for bernanke, gertler and gilchrist(1999). But meet problem when simulating.
The information displayed is
STEADY: numerical initial values incompatible with the following equations
5 9.
I have checked many times, but cannot find the problem. So I need your help. Will be the problem caused by calibration?
Thank you!
I am writing the dynare code for bernanke, gertler and gilchrist(1999). But meet problem when simulating.
The information displayed is
STEADY: numerical initial values incompatible with the following equations
5 9.
I have checked many times, but cannot find the problem. So I need your help. Will be the problem caused by calibration?
Thank you!