I try to run the code for RBC model. But it said
There are 4 eigenvalue(s) larger than 1 in modulus for 7 forward-looking variable(s)
The rank condition isn't verified...
I check all next period variables' c(+1), k(+1), mu(+1),........
Can someone help to check??
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Can someone help me to check the code for RBC model?
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Can someone help me to check the code for RBC model?
by jerrycj91 » Thu Apr 07, 2016 3:43 am
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Re: Can someone help me to check the code for RBC model?
by jpfeifer » Thu Apr 14, 2016 8:02 am
Apparently, you did not check the timing. Capital in your model is predetermined. Either truly use Dynare's stock at the end of period notation or the predetermined_variables command. I guess there is another predetermined state in your model as well.
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