help with DSGE model
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Posted:
Wed May 01, 2013 5:05 pm
by kemo02
Hi,
I am trying to reproduce the results of this article
http://www.bankofcanada.ca/wp-content/u ... p06-34.pdf (the equations are in the appendix), however, I am always receiving an error message. I'm newbie on dynare so if anyone could give me some advice. that will be great.
Re: help with DSGE model
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Posted:
Wed May 01, 2013 6:00 pm
by jpfeifer
Always post the error. It is
ERROR: aar.mod:108.33-52: Symbol rhopi is being treated as if it were a function (i.e., takes an argument that is not an integer).
Thus, there is a problem in line 108, column 33. Your forgot a * after rhopi.
Re: help with DSGE model
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Posted:
Fri May 03, 2013 2:27 am
by kemo02
hi;
you were right, so I fix this problem (thanks), but now I receive this message
??? Error using ==> print_info at 57
Impossible to find the steady state. Either the model doesn't have a steady state, there are an infinity of steady states, or the guess values are
too far from the solution
Error in ==> steady at 92
print_info(info,options_.noprint);
Error in ==> arrexample at 199
steady;
Error in ==> dynare at 120
evalin('base',fname) ;
evalin('base',fname) ;
any suggestion please...