Thanks
I run the code:
- Code: Select all
identification(parameter_set=posterior_mean,advanced=1);
And here is the results of identification .
==== Identification analysis ====
Testing posterior mean
The number of moments with non-zero derivative is smaller than the number of parameters
Try increasing ar = 2
The number of moments with non-zero derivative is smaller than the number of parameters
Try increasing ar = 3
The number of moments with non-zero derivative is smaller than the number of parameters
Try increasing ar = 4
The number of moments with non-zero derivative is smaller than the number of parameters
Try increasing ar = 5
The number of moments with non-zero derivative is smaller than the number of parameters
Try increasing ar = 6
The number of moments with non-zero derivative is smaller than the number of parameters
Try increasing ar = 7
The number of moments with non-zero derivative is smaller than the number of parameters
Try increasing ar = 8
The number of moments with non-zero derivative is smaller than the number of parameters
Try increasing ar = 9
The number of moments with non-zero derivative is smaller than the number of parameters
Try increasing ar = 10
The number of moments with non-zero derivative is smaller than the number of parameters
up to 10 lags: check your model
Either further increase ar or reduce the list of estimated parameters
??? Error using ==> identification_analysis at 102
IDETooManyParams
Error in ==> dynare_identification at 280
[idehess_point, idemoments_point, idemodel_point, idelre_point,
derivatives_info_point, info] = ...
Error in ==> policyb at 284
dynare_identification(options_ident);
Error in ==> dynare at 180
evalin('base',fname) ;
I am having trouble figuring out what that mistake is. Any guidance on how I can proceed and identify some/any parameters in this model