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Blanchard Kahn conditions are not satisfied

PostPosted: Sun Dec 08, 2013 5:12 am
by tahmin
Hi, I run my model. but appear this error; Blanchard Kahn conditions are not satisfied
why?
even I change my parameters, but this error appear again.

Re: Blanchard Kahn conditions are not satisfied

PostPosted: Mon Dec 09, 2013 6:28 pm
by macroresearch123
I do not see anything blatantly incorrect, but what did you change from the example as it is provided by Dynare? If you changed the magnitude of the shocks, that can lead to BK violations.

Re: Blanchard Kahn conditions are not satisfied

PostPosted: Tue Dec 10, 2013 10:06 am
by jpfeifer
No. Shocks sizes are irrelavant. Usually, it's about the timing conventions.

Re: Blanchard Kahn conditions are not satisfied

PostPosted: Thu Dec 12, 2013 7:44 am
by macroresearch123
Hmm. Although this hasn't been a problem for me, the bottom FAQ was the one that I was alluding to: http://www.dynare.org/documentation-and ... imulations

Re: Blanchard Kahn conditions are not satisfied

PostPosted: Thu Dec 12, 2013 12:43 pm
by jpfeifer
But that case is about the Blanchard-Kahn conditions being satisfied and not getting stable simulations. This post is about the BK-conditions not being satisfied.