Problem: Matrix is close to singular or badly scaled. Result
Posted: Thu Jul 06, 2017 12:08 pmDear Prof. Pfeier and Colleagues
I have develop a DSGE model and run it. Everything seems to be fine but the problem came out like this
I attempt to figure out this problem but it does not work. I attach the mod file and data here.
Any suggestion, advice is greatly appreciated.
Best
I have develop a DSGE model and run it. Everything seems to be fine but the problem came out like this
Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND =
1.613733e-16.
> In evaluate_steady_state at 264
In resol at 104
In prior_posterior_statistics_core at 206
In prior_posterior_statistics at 221
In dynare_estimation_1 at 499
In dynare_estimation at 105
In NK_SOE_Estim_Bayes at 768
In dynare at 223
I attempt to figure out this problem but it does not work. I attach the mod file and data here.
Any suggestion, advice is greatly appreciated.
Best