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PLEASE HELP with BK condition

PostPosted: Thu Sep 20, 2012 5:26 pm
by Muhammad Ali Nasir
Hello

Somebody please help I am badly stuck.:( I am getting following errors,

??? Error using ==> print_info at 40
Blanchard Kahn conditions are not satisfied: no stable equilibrium

Error in ==> initial_estimation_checks at 66
print_info(info, DynareOptions.noprint)

Error in ==> dynare_estimation_1 at 133
oo_ =
initial_estimation_checks(objective_function,xparam1,dataset_,M_,estim_params_,options_,bayestopt_,oo_);

Error in ==> dynare_estimation at 70
dynare_estimation_1(var_list,dname);

Error in ==> bera at 366
dynare_estimation(var_list_);

Error in ==> dynare at 120
evalin('base',fname) ;

The most of the values of steady state are positive, i can,t figure out, please help i would be grateful.

Regards and best wishes

Ali