Problems with replication file of Ascari Sbordone (2014)

[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!

[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'"