Change in Blanchard-Kahn in 4.2.0?
Posted: Thu Mar 17, 2011 11:48 am
I have a mod file that successfully performs an estimation of my DSGE model in Dynare 4.1.3. The same mod file fails in 4.2.0. Here is the message I get:
Error in computing likelihood for initial parameter values
??? Error using ==> print_info at 39
Blanchard Kahn conditions are not satisfied: no stable equilibrium
Error in ==> initial_estimation_checks at 101
print_info(info, options_.noprint)
Error in ==> dynare_estimation_1 at 367
initial_estimation_checks(xparam1,gend,data,data_index,number_of_observations,no_more_missing_observations);
Error in ==> dynare_estimation at 62
dynare_estimation_1(var_list,varargin{:});
Error in ==> Model_14F_A at 479
dynare_estimation(var_list_);
Error in ==> dynare at 132
evalin('base',fname) ;
Has something changed in 4.2.0? Can anyone give me some ideas about how I might try to fix this?
Thank you.
Error in computing likelihood for initial parameter values
??? Error using ==> print_info at 39
Blanchard Kahn conditions are not satisfied: no stable equilibrium
Error in ==> initial_estimation_checks at 101
print_info(info, options_.noprint)
Error in ==> dynare_estimation_1 at 367
initial_estimation_checks(xparam1,gend,data,data_index,number_of_observations,no_more_missing_observations);
Error in ==> dynare_estimation at 62
dynare_estimation_1(var_list,varargin{:});
Error in ==> Model_14F_A at 479
dynare_estimation(var_list_);
Error in ==> dynare at 132
evalin('base',fname) ;
Has something changed in 4.2.0? Can anyone give me some ideas about how I might try to fix this?
Thank you.