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Small Open Economy Iacoviello (2005)

PostPosted: Tue Aug 02, 2016 2:56 pm
by MSCstudent
Hi all,

Wondering if someone can help me with my dynare code. I have designed a small open economy version of Iacoviello (2005). Attached is a picture of the 25 equations that consist of the model. Also attached is my dynare code. Matlab 2015b constantly says that my preprocessing has failed. I have 25 endogenous variables and 25 equations, why is this still coming up?

Thank you

MSCstudent

Re: Small Open Economy Iacoviello (2005)

PostPosted: Tue Aug 02, 2016 3:46 pm
by jpfeifer
The error is
line 31, col 87: syntax error, unexpected ';'

In that line, there is a bracket after BETA that never closes

Re: Small Open Economy Iacoviello (2005)

PostPosted: Tue Aug 02, 2016 4:00 pm
by MSCstudent
I apologize, I didn't know which section my query belonged in. I appreciate your speedy response. I modified the bracketed term, and another small error.

Its is now unable to find a steady state.

Kind regards,

MSCstudent,

Nottingham university