Weird results about the model.

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Weird results about the model.

Postby jinyou_yin » Thu Mar 28, 2013 12:32 pm

Hi everyone.
when I run my dynare code,some weird results comes out , Many results are NaN, such as: MOMENTS OF SIMULATED VARIABLE CORRELATION OF SIMULATED VARIABLES AUTOCORRELATION OF SIMULATED VARIABLES

Another question: the variable K(capital stock) is a predetermined variable ,So I input the command: predetermined_variables k; The problems as follows comes out:
There are 8 eigenvalue(s) larger than 1 in modulus
for 7 forward-looking variable(s)

The rank conditions ISN'T verified!
Thank you for your kindheart.
Best wishes
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Re: Weird results about the model.

Postby jpfeifer » Thu Mar 28, 2013 12:58 pm

Use order=1 or pruning in stoch_simul. The resulting IRFs suggest that there still is a mistake in the model. It most probably is a timing issue.
------------
Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
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Re: Weird results about the model.

Postby jinyou_yin » Mon Apr 01, 2013 8:27 am

jpfeifer wrote:Use order=1 or pruning in stoch_simul. The resulting IRFs suggest that there still is a mistake in the model. It most probably is a timing issue.

Thank u very much and my problems have been solved. Thank you sincerely.
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