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interpreting mode_check graph

PostPosted: Sun Feb 27, 2011 7:45 pm
by jill1009
Hi,
When I use the mode_check command, there are big red dots at the x axis in some graph. What does that mean?

Thanks,
Ji

Re: interpreting mode_check graph

PostPosted: Tue Mar 01, 2011 8:20 am
by StephaneAdjemian
Hi, These dots are for the values of the deep parameters such that the deterministic steady state does not exist (or such that Dynare is not able to compute the steady state if you do not provide a steadystate file to dynare) or such that the BK conditions are not satisfied.

Best, Stéphane.