Difficulties when estimate a DSGE model

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Difficulties when estimate a DSGE model

Postby luyc » Wed Feb 22, 2012 6:39 am

Dear all,

I am estimating a economic DSGE model with DYNARE, and I meet problems as follow:

??? Error using ==> chol
Matrix must be positive definite.

Error in ==> gmhmaxlik at 232
dd = transpose(chol(CovJump));

Error in ==> dynare_estimation_1 at 307
[xparam1,PostVar,Scale,PostMean] = ...

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

Error in ==> mp at 262
dynare_estimation(var_list_);

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

Since I am a begginner of DYNARE, I don't know how to solve the problem. I need your help, thank you very much.
mp.mod
This is the model file
(2.29 KiB) Downloaded 78 times
data_Est_1sh.m
This is the data file
(3 KiB) Downloaded 71 times
luyc
 
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Joined: Wed Feb 22, 2012 4:20 am

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