likelihood not computing, BK not satified
Posted: Tue Dec 02, 2014 4:15 pmDear Forum members,
This is my first project to do with Dynare. I got an error saying likelihood could not compute. Dynare suggests I use estimated_params_init block with use_calibration options. I found it difficult to correctly specify the command.
Some guide would be helpful. Attached are my code and datafile. Please assist
This is my first project to do with Dynare. I got an error saying likelihood could not compute. Dynare suggests I use estimated_params_init block with use_calibration options. I found it difficult to correctly specify the command.
Some guide would be helpful. Attached are my code and datafile. Please assist