by bigbigben » Thu Oct 05, 2006 1:52 pm
Thanks, I made correction accordingly. Sorry, one more question. It seems I asked too much recently. I think Dynare count the static equations into the dynamic system, and produce some Infinite eigenvalues, Does it affect the further analysis? For example, infinite large variance for some variables. I confront such infinite variance problem but I don't know whether it is caused by my model or didn't use Dynare correctly.