Dynare Experts Please Help

This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location where you will have to reset your password.
Forum rules
This forum is closed. You can read the posts but cannot write. We have migrated the forum to a new location (https://forum.dynare.org) where you will have to reset your password.

Dynare Experts Please Help

Postby mfatouh1984 » Sun Nov 24, 2013 12:03 pm

Hi All:

When I am running my .mod file on Matlab the following message keeps showing up: "The Jacobian matrix evaluated at the steady state contains elements that are not real or are infinite" I attached a copy of my file.

Thanks in Advance
Attachments
DynareCode.mod
(1.59 KiB) Downloaded 51 times
mfatouh1984
 
Posts: 1
Joined: Sun Nov 24, 2013 11:57 am

Re: Dynare Experts Please Help

Postby jpfeifer » Thu Nov 28, 2013 10:55 am

There is a collinearity problem:
model_diagnostic: the Jacobian of the static model is singular
there is 2 colinear relationships between the variables and the equations
Relation 1
Colinear variables:
G
Relation 2
Colinear variables:
L_H
L_SM
RE
X
L_T
Relation 1
Colinear equations
2 3 11 12

Relation 2
Colinear equations
1

The presence of a singularity problem typically indicates that there is one
redundant equation entered in the model block, while another non-redundant equation
is missing. The problem often derives from Walras Law.
------------
Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
jpfeifer
 
Posts: 6940
Joined: Sun Feb 21, 2010 4:02 pm
Location: Cologne, Germany


Return to Dynare help

Who is online

Users browsing this forum: No registered users and 6 guests