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Problems with replication file of Ascari Sbordone (2014)

PostPosted: Tue Aug 02, 2016 12:52 pm
by cgg0810
Dear all,

I am trying to run the replication file for the model with trend inflation from Ascari and Sbordone (2014). However, I always run into the following error:

ERROR: in the 'steady_state' block, variable 'A' is undefined in the declaration of variable 'A'

I have not modified the original .mod file at all. Does anyone know what might be wrong?

Thanks!

Re: Problems with replication file of Ascari Sbordone (2014)

PostPosted: Tue Aug 02, 2016 1:19 pm
by jpfeifer
From the preamble to my mod-file:
* Notes:
* - The mod-file requires Dynare > 4.4.3, i.e. currently the unstable version. Otherwise, you will get error like
* "ERROR: in the 'steady_state' block, variable 'pi' is undefined in the declaration of variable 'pi'"