help of DSGE

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help of DSGE

Postby uddin_sah » Tue Dec 13, 2011 11:05 am

Hi All,

I am trying to solve Smets et al 2003. However, I cannot solve it properly. It gives me the following problem

You did not declare endogenous variables after the estimation command.
Loading 79 observations from Book1.xls

??? Error using ==> load
Unable to read file smetswouters_mode: No such file or directory.

Error in ==> dynare_estimation_1 at 65
load(options_.mode_file);

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

Error in ==> bbdd at 337
dynare_estimation(var_list_);

Error in ==> dynare at 120
evalin('base',fname) ;
Attachments
Book1.xls
(26.5 KiB) Downloaded 62 times
bbdd.mod
(3.95 KiB) Downloaded 70 times
uddin_sah
 
Posts: 3
Joined: Sat Nov 19, 2011 8:41 am

Re: help of DSGE

Postby reubenpjacob » Tue Dec 13, 2011 2:57 pm

you should first find the posterior mode by setting mode_compute = (some option)
and remove the mode file from the estimation command

try using

estimation(datafile=Book1, order =1, nobs = 79, mode_compute=4, mode_check, mh_replic=20000);

Reuben
reubenpjacob
 
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Location: Reserve Bank of New Zealand


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