You are attempting to simulate/estimate a loglinear approximation of a model, but
the steady state level of the following variables is not strictly positive:
- P (-3.6618)
- c (-0.2765)
- W (-7.0784)
- k (-3.6685)
- n (-0.12112)
- y (-0.34601)
- AUX_ENDO_LEAD_65 (-3.5721)
You should check that the priors and/or bounds over the deep parameters are such
that the steady state levels of all the variables are strictly positive, or consider
a linearization of the model instead of a log linearization.
Error using resol (line 130)
stoch_simul::resol: The loglinearization of the model cannot be performed, because the steady state is not strictly
positive!
Error in dynare_resolve (line 69)
[dr,info,Model,DynareOptions,DynareResults] = resol(0,Model,DynareOptions,DynareResults);
Error in dsge_likelihood (line 257)
[T,R,SteadyState,info,Model,DynareOptions,DynareResults] =
dynare_resolve(Model,DynareOptions,DynareResults,'restrict');
Error in csminit1 (line 126)
f = feval(fcn,dxtest,varargin{:});
Error in csminwel1 (line 116)
[f1 x1 fc retcode1] = csminit1(fcn,x,f,g,badg,H,varargin{:});
Error in dynare_estimation_1 (line 318)
[fval,xparam1,grad,hessian_csminwel,itct,fcount,retcodehat] = ...
Error in dynare_estimation (line 89)
dynare_estimation_1(var_list,dname);
Error in fs2000_ML (line 214)
dynare_estimation(var_list_);
Error in dynare (line 185)
evalin('base',fname) ;