My program does not work because Blanchard Kahn conditions are not satisfied: indeterminacy due to rank failure.
However, when I run model_diagnostics, nothing is printed out. Does anyone has any idea about this?
Thanks.
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model_diagnostics doesn't print out anything
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model_diagnostics doesn't print out anything
by adi199283 » Mon Jul 03, 2017 9:08 pm
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NK_Dynare_CKM_AMPF_trend_final_test.mod- (4.92 KiB) Downloaded 46 times
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Re: model_diagnostics doesn't print out anything
by jpfeifer » Tue Jul 04, 2017 12:26 pm
Is your steady state correct? You have
while
Even accounting for the logarithm, this is very different.
PI 0.395807
while
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PIbar = 1.016200; % steady state inflation
Even accounting for the logarithm, this is very different.
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