There are 4 eigenvalue(s) larger than 1 in modulus for 5 for

[BensonCan]

Hi,guys
i am a new comer in dynare, and i am doing my project. But i cannot run the dynare code.

There are 4 eigenvalue(s) larger than 1 in modulus
for 5 forward-looking variable(s)

The rank condition ISN'T verified!

Can u help me figure it out? Thanks a lot!

[jpfeifer]

Your timing looks strange. E.g.

Code: Select all

1/c=beta*(1-delta+exp(z)*theta*zeta*(k^(theta-1))*(n*l)^(1-theta))/c(+1);


usually has the future return on the right hand side, not the current one.