Indeterminacy Issue
Posted: Tue Jun 01, 2010 5:30 am
Hi,
I have experienced an 'indeterminacy issue' from Dynare even I tried to replicate some papers . After reading some topics, i.e. Rank conditions, in this forum, it seems to me that to fix this problem we have to modify the model rather than randomly choose some parameter values giving us the unique solution. Is my understanding correct? But, I still wonder why I can't replicate some paper although I use the same parameter values. Thank you in advance for any suggestions.
Best,
Pisut
I have experienced an 'indeterminacy issue' from Dynare even I tried to replicate some papers . After reading some topics, i.e. Rank conditions, in this forum, it seems to me that to fix this problem we have to modify the model rather than randomly choose some parameter values giving us the unique solution. Is my understanding correct? But, I still wonder why I can't replicate some paper although I use the same parameter values. Thank you in advance for any suggestions.
Best,
Pisut