how to deal with convergence problem in using dynare

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how to deal with convergence problem in using dynare

Postby changbingchen » Thu Jun 25, 2009 4:16 pm

Dear all,

When I was running DYNARE V3, I have come across following error message:

SOLVE: Iteration 33
Spurious convergence.
1.0000
1.0000
0.7015
0.0430
0.8163
0.8598
3.0000
0.4624
0.4733
5.4805
4.9157
1.7596
9.5986
-0.7621
-0.0040
0.6362
1.9497
-0.0002
0
0
0
0
0
0
0
0
0
0
-0.0849
14.2835
0.0262
0.0267
-0.0014
2.6541
1.3738
4.0283
0.9109
0.8166
0.1911
0.1003
2.0000
1.0323
1.0375
0.9980
1.5233
9.4447
15.4134
0.7592
-5.8904
2.2095
-0.0012
-0.0003
-0.0012
1.0800
-0.0012
-0.0012
3.9662
2.1356
0.6000
0.4550
4.4783
2.2752
0.3600
2.3543
0.2478
0.4059
1.0000
1.0000
0.3162
-0.0004
2.8341
-0.0001
3.7483
1.8373
0.0105
0.3154
0.2050
1.6899
2.4907
1.5398
4.0292
1.8360
1.0853
1.0300
1.0000
1.0000
9.2485
0.4555
1.0797
1.9945
1.0000
0.7214
-0.8406
0.7673
1.2834
0.9183
0.9183
0.1300
0.1333
0.0240
0.1361
0.1069
1.0300
1.0000
0
0
0
0
0
0
0
0
0
0

SOLVE: Iteration 485
Spurious convergence.
1.0e+003 *
0.0010
0.0010
0.0007
0.0000
0.0008
0.0009
1.3013
0.0005
0.0005
0.0055
0.0049
0.0018
0.0096
-0.0008
-0.0000
0.0006
0.0019
-0.0000
-0.0000
-0.0000
0.0000
-0.0000
-0.0000
-0.0000
0.0000
0.0000
0.0000
-0.0000
-0.0001
0.0143
0.0000
0.0000
-0.0000
0.0027
0.0014
0.0040
0.0009
0.0008
0.0002
0.0001
-0.0105
0.0010
0.0010
0.0010
0.0015
0.0094
0.0154
0.0008
-0.0059
0.0022
-0.0000
-0.0000
-0.0000
-0.0000
-0.0000
-0.0000
0.0040
0.0021
0.0006
0.0005
0.0045
0.0023
0.0010
0.0024
0.0002
0.0004
0.0010
0.0010
0.0003
-0.0000
0.0028
-0.0000
0.0037
0.0018
0.0000
0.0003
0.0002
0.0017
0.0025
0.0015
0.0040
0.0018
0.0011
0.0010
0.0010
0.0010
0.0092
0.0005
0.0011
0.0020
0.0010
0.0007
-0.0008
0.0008
0.0015
0.0009
0.0009
0.0001
0.0001
0.0000
0.0001
0.0001
0.0010
0.0010
-0.0000
-0.0000
-0.0000
-0.0000
-0.0000
-0.0000
-0.0000
-0.0000
-0.0000
-0.0000

??? Error using ==> steady_
STEADY: convergence problems

Error in ==> steady at 13
steady_;

Error in ==> mn20090 at 846
steady;

Error in ==> dynare at 49
evalin('base',fname) ;

Can anyone tell me what reason cause the model does not converge? Many thanks and very appreciated.

Best,

Jing
mn.xls
(24 KiB) Downloaded 68 times
mn.xls
(24 KiB) Downloaded 68 times

please find soft and data
Attachments
mn20090.mod
(13.68 KiB) Downloaded 65 times
changbingchen
 
Posts: 1
Joined: Thu Jun 25, 2009 3:38 pm

Re: how to deal with convergence problem in using dynare

Postby StephaneAdjemian » Fri Jun 26, 2009 7:32 am

Read this thread, Stéphane.
Stéphane Adjemian
Université du Maine, GAINS and DynareTeam
https://stepan.adjemian.eu
StephaneAdjemian
 
Posts: 429
Joined: Wed Jan 05, 2005 4:24 pm
Location: Paris, France.


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