The steady state contains NaN or Inf

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The steady state contains NaN or Inf

Postby mtnttk » Mon May 29, 2017 6:43 am

Hello,

I faced a problem when run a DSGE model with dynare, the error is "The steady state contains NaN or Inf".
Can anybody help me to find out what's the problem that i missed? I'll very appreciate about that. Thank you.

mod file in attach.
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Re: The steady state contains NaN or Inf

Postby jpfeifer » Mon May 29, 2017 7:44 am

Your first and third equation contain a constant term that may not be correctly handled. All other equations imply steady states of 0.
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Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
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