The rank condition ISN'T verified!

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The rank condition ISN'T verified!

Postby Gulzar Khan » Mon Oct 10, 2016 2:13 pm

Dear JpFiefer

I need your help regarding Rank condition...... the error I am getting again and again is
"There are 4 eigenvalue(s) larger than 1 in modulus
for 7 forward-looking variable(s)

The rank condition ISN'T verified!

Error using print_info (line 144)
This case shouldn't happen. Contact the authors of Dynare
Error in stoch_simul (line 98)
print_info(info, options_.noprint, options_);
Error in soepk (line 283)
info = stoch_simul(var_list_);
Error in dynare (line 180)
evalin('base',fname) ; "
Attachments
soepk.mod
Small open economy New Keynesian model for Pakistan
(13.24 KiB) Downloaded 73 times
Gulzar Khan
 
Posts: 2
Joined: Thu Oct 06, 2016 2:09 pm

Re: The rank condition ISN'T verified!

Postby jpfeifer » Mon Oct 10, 2016 2:49 pm

What did you change in my mod-file?
------------
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

Re: The rank condition ISN'T verified!

Postby Gulzar Khan » Fri Oct 14, 2016 4:11 pm

I have made many changes to your original model. Like oil has been incorporated in the production function and government spending in the aggregate demand function.
Gulzar Khan
 
Posts: 2
Joined: Thu Oct 06, 2016 2:09 pm

Re: The rank condition ISN'T verified!

Postby jpfeifer » Sat Oct 15, 2016 10:03 am

Then you need to move step by step. Always only add one feature and see what breaks the mod-file
------------
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


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