Dynare forums
Forums for asking questions, posting comments and uploading examples related to Dynare
STEADY: numerical initial values or parameters incompatible
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.
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.
2 posts
• Page 1 of 1
STEADY: numerical initial values or parameters incompatible
by Alkebulan » Sat Feb 07, 2015 4:57 am
Can anyone help me with this? I ran it several time and it is still telling me that something is wrong with equations 15 and 16. These are parameters of the model, so I am confused why they are causing trouble. Any help would be appreciate it.
Last edited by Alkebulan on Fri Apr 24, 2015 5:33 pm, edited 1 time in total.
- Alkebulan
- Posts: 13
- Joined: Sat Feb 07, 2015 4:51 am
Re: STEADY: numerical initial values or parameters incompat
by jpfeifer » Mon Feb 09, 2015 1:45 pm
Equation 16 contains
but kappa_i is 0, resulting in Inf. Similarly, in equation 15 you have
tot is a variable in a linearized model and thus has steady state 0, leading to the same issue.
- Code: Select all
ln(kappa_i)
but kappa_i is 0, resulting in Inf. Similarly, in equation 15 you have
- Code: Select all
ln(tot)
tot is a variable in a linearized model and thus has steady state 0, leading to the same issue.
- jpfeifer
- Posts: 6940
- Joined: Sun Feb 21, 2010 4:02 pm
- Location: Cologne, Germany
2 posts
• Page 1 of 1
Who is online
Users browsing this forum: Google [Bot] and 7 guests