STEADY: The Jacobian contains Inf or NaN. The problem arises from:
STEADY: Derivative of Equation 22 with respect to Variable c (initial value of c: 0)
STEADY: Derivative of Equation 13 with respect to Variable w (initial value of w: 0)
STEADY: Derivative of Equation 20 with respect to Variable L (initial value of L: 0)
STEADY: Derivative of Equation 13 with respect to Variable rK (initial value of rK: 0)
STEADY: Derivative of Equation 20 with respect to Variable k (initial value of k: 0)
STEADY: Derivative of Equation 20 with respect to Variable U (initial value of U: 0)
STEADY: Derivative of Equation 22 with respect to Variable i (initial value of i: 0)
STEADY: Derivative of Equation 20 with respect to Variable epsilon_X (initial value of epsilon_X: 0)
STEADY: Derivative of Equation 21 with respect to Variable epsilon_X (initial value of epsilon_X: 0)
STEADY: Derivative of Equation 1 with respect to Variable epsilon_V (initial value of epsilon_V: 0)
STEADY: Derivative of Equation 20 with respect to Variable epsilon_V (initial value of epsilon_V: 0)
STEADY: Derivative of Equation 21 with respect to Variable epsilon_V (initial value of epsilon_V: 0)
STEADY: The problem most often occurs, because a variable with
STEADY: exponent smaller than 1 has been initialized to 0. Taking the derivative
STEADY: and evaluating it at the steady state then results in a division by 0.
Error using dynare_solve (line 60)
An element of the Jacobian is not finite or NaN
Error in evaluate_steady_state (line 66)
[ys,check] = dynare_solve([M.fname '_static'],...
Error in dynare_estimation_init (line 490)
[oo_.steady_state, params] =
evaluate_steady_state(oo_.steady_state,M,options_,oo_,steadystate_check_flag);
Error in dynare_estimation_1 (line 81)
[dataset_,xparam1, hh, M_, options_, oo_, estim_params_,bayestopt_] = dynare_estimation_init(var_list_,
dname, [], M_, options_, oo_, estim_params_, bayestopt_);
Error in dynare_estimation (line 89)
dynare_estimation_1(var_list,dname);
Error in model (line 483)
dynare_estimation(var_list_);
Error in dynare (line 180)
evalin('base',fname) ;
第一次遇到这种错误...哪位高人给解释解释到底哪里出问题了>?什么情况叫做雅可比矩阵里面的某一个元素是无限或者不存在???