The rank condition ISN'T verified!

[s.m.]

Dear Dynare users,

I have a problem with rank condition verification. Although I included all the jumpers into "predetermined_variables" block, the problem still appears.

Can you give me some advise: whether I have bad parameters values? whether I have some exogeneously given variables? or is there another problem? (I see from model diagnostics that there are no collinear equations in the model.)

Thank you.

[jpfeifer]

Your model is too complex and no blatant mistakes are obvious. Hence, just the standard advice: You should start from a simple model that runs and then expand it step-by-step.
By tbe way: you meant "all non-jumpers into "predetermined_variables" block", right?

[s.m.]

jpfeifer, thank you for your response!"all non-jumpers into "predetermined_variables" - that what I meant. (it was a mistake)

I just wanted to be sure, that the problem arises from the model itself (from wrong equations etc.) Because when I change the value of ER (which is a world interest rate) the mistake message changes.

That's why I think that the problem is of a technical character, not from economic one.

[jpfeifer]

What is the message when you change it? Note also that this might be an indication that the problem is related to that part of the model.