blanchard-kahn condition
Posted: Mon Nov 21, 2011 6:45 am
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
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