Hi,
I got a strange error message such that
-----------------------------------------------------------
There are 8 eigenvalue(s) larger than 1 in modulus
for 8 forward-looking variable(s)
The rank conditions ISN'T verified!
Error using print_info (line 45)
Blanchard Kahn conditions are not satisfied: indeterminacy due to rank failure
-----------------------------------------------------------
It seems that B-K condition is satisfied.
Could you tell me what is going on? Am I missing something very obvious?
Cheers,
Ippei
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blanchard-kahn condition
by Ippei » Mon Nov 21, 2011 6:45 am
- Ippei
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Re: blanchard-kahn condition
by jpfeifer » Mon Nov 21, 2011 8:07 am
The error message is pretty explicit:
There are dozens of forum entries regarding this topic, see e.g. the fifth below your original post: http://www.dynare.org/phpBB3/viewtopic.php?f=1&t=3476
Blanchard Kahn conditions are not satisfied: indeterminacy due to rank failure
There are dozens of forum entries regarding this topic, see e.g. the fifth below your original post: http://www.dynare.org/phpBB3/viewtopic.php?f=1&t=3476
- jpfeifer
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- Joined: Sun Feb 21, 2010 4:02 pm
- Location: Cologne, Germany
2 posts
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