Dynare forums

Hi,

I'm trying to replicate a DSGE model but without success on the irfs. It calculates the steady state of the linear model, but after gives me the following error message:

MJDGGES returns the following error code: 8

Does anyone know what that means? I've attached the mod.file in case it helps.



Thanks in advance.

João Ricardo

I would guess there are still mistakes. Both ch and kh are variables. Thus, the part

(1-a)*e*(ch^e)*(eta/khbar)*(ch-kh)

is clearly not linear.

Thank you very much for your priceless help, now it works just fine.

Best regards,

João Ricardo