Blanchard Kahn conditions are not satisfied: indeterminacy
Posted: Mon Dec 15, 2014 9:12 amHello~
I want to replicate the simulation result in Belo F, Yu J. Government investment and the stock market[J]. Journal of Monetary Economics,2013,but dynare gives warning:
Blanchard Kahn conditions are not satisfied: indeterminacy
I don't know why, can anyone help me?
attachment is my code
I want to replicate the simulation result in Belo F, Yu J. Government investment and the stock market[J]. Journal of Monetary Economics,2013,but dynare gives warning:
Blanchard Kahn conditions are not satisfied: indeterminacy
I don't know why, can anyone help me?
attachment is my code