I changed my model.
however, i got another error.
attached files are the dynare code and data!
Thanks for your help!
Error in computing likelihood for initial parameter values
??? Error using ==> print_info at 42
Blanchard Kahn conditions are not satisfied: indeterminacy
Error in ==> initial_estimation_checks at 101
print_info(info, options_.noprint)
Error in ==> dynare_estimation_1 at 334
initial_estimation_checks(xparam1,gend,data,data_index,number_of_observations,no_more_missing_observations);
Error in ==> dynare_estimation at 62
dynare_estimation_1(var_list,varargin{:});
Error in ==> rational_EST at 122
dynare_estimation(var_list_);
Error in ==> dynare at 132
evalin('base',fname) ;
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Estimation problem
by margaretchang » Thu Nov 04, 2010 7:27 am
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rationaldata.xls- (40.5 KiB) Downloaded 62 times
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Re: Estimation problem
by jpfeifer » Mon Nov 08, 2010 8:55 pm
Sorry, but you posted the wrong mod-file. This one contains no estimation command.
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