Schmitt-Grohe Uribe (2005)
Posted: Thu Oct 29, 2015 11:35 am
Dear all
I'm trying to replicate the model from the Schmitt-Grohe & Uribe Optimal Inflation Stabilization in a Medium-Scale Macroeconomic Model. I've uploaded my .mod file and the appendix for the model. I've followed the model from section 2.4 (pp.24-25) in the appendix and used the steady state values in section 3 (pp.31-35).
I keep getting the same error when I run the program. As I can see others have also been troubling with this problem
Error using print_info (line 84)
Some updated params contain NaN or Inf
Error in resid (line 112)
print_info(info,options_.noprint, options_)
Error in steady (line 90)
resid;
Error in sgu (line 345)
steady;
Error in dynare (line 180)
evalin('base',fname) ;
I know that the error is due to how the parameters are executed in the steady_state_model block but I can't find the problem. If anyone can see and knows how to fix the problem it will be a great help!
I'm completely new in using Dynare so if someone could tell me if I'm missing something in my program generally it will be a great help too.
Thanks!
Mikkel
I'm trying to replicate the model from the Schmitt-Grohe & Uribe Optimal Inflation Stabilization in a Medium-Scale Macroeconomic Model. I've uploaded my .mod file and the appendix for the model. I've followed the model from section 2.4 (pp.24-25) in the appendix and used the steady state values in section 3 (pp.31-35).
I keep getting the same error when I run the program. As I can see others have also been troubling with this problem
Error using print_info (line 84)
Some updated params contain NaN or Inf
Error in resid (line 112)
print_info(info,options_.noprint, options_)
Error in steady (line 90)
resid;
Error in sgu (line 345)
steady;
Error in dynare (line 180)
evalin('base',fname) ;
I know that the error is due to how the parameters are executed in the steady_state_model block but I can't find the problem. If anyone can see and knows how to fix the problem it will be a great help!
I'm completely new in using Dynare so if someone could tell me if I'm missing something in my program generally it will be a great help too.
Thanks!
Mikkel