The rank condition is verified?

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The rank condition is verified?

Postby abouveret » Thu Mar 22, 2007 9:50 am

Dear All,

while stimulating a mcro model with 5 forward looking variables (with a lead (+1)) i get the following message:
"There are 3 eigenvalue(s) larger than 1 in modulus
for 5 forward-looking variable(s)

The rank condition is verified."
How could that be?
abouveret
 
Posts: 2
Joined: Thu Mar 22, 2007 9:44 am

Postby MichelJuillard » Thu Mar 22, 2007 10:05 am

It can't be, right?
This is an old bug that should have disppeared from recent versions. Which version of Dynare are you using?

Kind regards

Michel
MichelJuillard
 
Posts: 680
Joined: Thu Nov 18, 2004 10:51 am

Dynare version

Postby abouveret » Mon May 07, 2007 8:30 am

I use Dynare v3
abouveret
 
Posts: 2
Joined: Thu Mar 22, 2007 9:44 am


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