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Need some help for VERY simple code

PostPosted: Sat Oct 05, 2013 5:33 am
by Butree
I'm just getting started in Dynare. I tried to begin with simple RBC models; but I don't know why the code doesn't work-the impulse response is simply a horizontal line! The code is attached, can anybody help? :(

Re: Need some help for VERY simple code

PostPosted: Sat Oct 05, 2013 9:05 am
by jpfeifer
Your parameter gamma must be negative or you must delete the minus in the labor FOC.