error occur when estimate parameter

This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location where you will have to reset your password.
Forum rules
This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location (https://forum.dynare.org) where you will have to reset your password.

error occur when estimate parameter

Postby magicm » Thu Sep 25, 2014 2:09 am

When estimate parameters of a basic linearized NK model,
dynare keep warning me the jaccobi contains NaNs,
and I don't know how to correct.

codes and data are in attachments
Attachments
NK_4_obs.m
(432 Bytes) Downloaded 79 times
NK_4.mod
(777 Bytes) Downloaded 89 times
magicm
 
Posts: 4
Joined: Thu Sep 25, 2014 1:55 am

Re: error occur when estimate parameter

Postby jpfeifer » Thu Sep 25, 2014 6:57 am

Please follow Remark 2 (Using stoch_simul before Estimation) from Pfeifer(2013): "A Guide to Specifying Observation Equations for the Estimation of DSGE Models" https://sites.google.com/site/pfeiferecon/Pfeifer_2013_Observation_Equations.pdf.

That way, you would have recognized that you did not set i_ss and delta.
------------
Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
jpfeifer
 
Posts: 6940
Joined: Sun Feb 21, 2010 4:02 pm
Location: Cologne, Germany

Re: error occur when estimate parameter

Postby magicm » Thu Sep 25, 2014 7:14 am

jpfeifer wrote:Please follow Remark 2 (Using stoch_simul before Estimation) from Pfeifer(2013): "A Guide to Specifying Observation Equations for the Estimation of DSGE Models" https://sites.google.com/site/pfeiferecon/Pfeifer_2013_Observation_Equations.pdf.

That way, you would have recognized that you did not set i_ss and delta.


thanks a lot, the problem has solved
magicm
 
Posts: 4
Joined: Thu Sep 25, 2014 1:55 am


Return to Dynare help

Who is online

Users browsing this forum: No registered users and 12 guests