Hi ,
I am getting an error message :
There are 4 eigenvalue(s) larger than 1 in modulus
for 4 forward-looking variable(s)
The rank condition ISN'T verified!
I don't know what the issue is. How can I fix this? Any suggestion will be very appreciate.
Many thanks.
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The rank condition ISN'T verified!
by Econ » Tue Feb 24, 2015 8:45 am
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Re: The rank condition ISN'T verified!
by jpfeifer » Tue Feb 24, 2015 9:21 am
Running model_diagnostics returns:
model_diagnostic: the Jacobian of the static model is singular
there is 1 colinear relationships between the variables and the equations
Colinear variables:
ci
cs
ki
ks
bi
bs
q
r
mu
w
rb
BETAi
BETAs
Colinear equations
3 5 10 12 13
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.
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Re: The rank condition ISN'T verified!
by Econ » Wed Feb 25, 2015 6:24 pm
Thank you very much.
It works now....
It works now....
- Econ
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- Joined: Thu Aug 21, 2014 4:57 am
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