Rank conditions
Posted: Fri May 24, 2013 4:38 pm
Hello,
my code does not work and i obtain the following error:
here are 8 eigenvalue(s) larger than 1 in modulus
for 10 forward-looking variable(s)
The rank conditions ISN'T verified!
??? Error using ==> print_info at 43
Blanchard Kahn conditions are not satisfied: indeterminacy
Error in ==> stoch_simul at 81
print_info(info, options_.noprint);
Error in ==> num at 323
info = stoch_simul(var_list_);
Error in ==> dynare at 120
evalin('base',fname) ;
Per my knowledge this error is linked to the non respect of timing conventions, but i double cheked my model and everything looks fine.
Help please!
my code does not work and i obtain the following error:
here are 8 eigenvalue(s) larger than 1 in modulus
for 10 forward-looking variable(s)
The rank conditions ISN'T verified!
??? Error using ==> print_info at 43
Blanchard Kahn conditions are not satisfied: indeterminacy
Error in ==> stoch_simul at 81
print_info(info, options_.noprint);
Error in ==> num at 323
info = stoch_simul(var_list_);
Error in ==> dynare at 120
evalin('base',fname) ;
Per my knowledge this error is linked to the non respect of timing conventions, but i double cheked my model and everything looks fine.
Help please!