problems in modified Gertler and Karadi(2011) dynare code

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problems in modified Gertler and Karadi(2011) dynare code

Postby blackeif » Fri Jun 13, 2014 6:44 am

I simplified Gertler and Karadi(2011) dsge model. However,when the dynare code runs, the matlab shows that the model is "indetermincy". The model's mod file is attached below, could anyone help me to solve the problem? thx
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NK_GK11.mod
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blackeif
 
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