Dear Colleague
My name is Le Thanh Ha
Currently, I have been working on DSGE model for an open economy. Seemingly, everything is fine but the problem came out like this
"There are 11 eigenvalue(s) larger than 1 in modulus
for 11 forward-looking variable(s)
The rank condition ISN'T verified!
NO obvious problem for this mod file is detected"
I do not know exactly what is my problem and how to fix this.
Any comment and support is greatly appreciated.
Thank you so much
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Rank is not verify
by thanhha9289 » Mon Jan 16, 2017 6:29 am
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Re: Rank is not verify
by jpfeifer » Wed Jan 18, 2017 9:30 pm
Without the mod-file it is impossible to tell. The generic advice is to simplify your model as far as possible and then to add features back to see where the problem comes from.
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