problem with DSGE

[vechoque]

Hi, I am a student of economics, and I'm developing a DSGE.

Unfortunately I have a problem: I can not run a model in Dynare.
If they were so kind to colaborarme, to find out where is the error.


Add the .mod file

[jpfeifer]

You must use a valid filename. If has to start with a letter and not contain additional special characters like the additional dot you put in.

[vechoque]

thank you very much.
and I corrected, however, continue to exist problems.

[jpfeifer]

Your exogenous processes are

Code: Select all

Q = rho*(Q(-1)) + s;
A = rho*(A(-1))+ v;
z = rho*(z(-1))+ u;


i.e. they are mean 0. But in your production function

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y_t = A*((k_t)^(gamma))*((y_im_t)^(1 - gamma));


A is suddenly supposed to have mean 1. You need to have

Code: Select all

y_t = exp(A)*((k_t)^(gamma))*((y_im_t)^(1 - gamma));