Problem: Matrix is close to singular or badly scaled. Result

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Problem: Matrix is close to singular or badly scaled. Result

Postby thanhha9289 » Thu Jul 06, 2017 12:08 pm

Dear Prof. Pfeier and Colleagues
I have develop a DSGE model and run it. Everything seems to be fine but the problem came out like this
Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND =
1.613733e-16.
> In evaluate_steady_state at 264
In resol at 104
In prior_posterior_statistics_core at 206
In prior_posterior_statistics at 221
In dynare_estimation_1 at 499
In dynare_estimation at 105
In NK_SOE_Estim_Bayes at 768
In dynare at 223


I attempt to figure out this problem but it does not work. I attach the mod file and data here.
Any suggestion, advice is greatly appreciated.
Best
Attachments
data.m
(4.7 KiB) Downloaded 62 times
NK_SOE_Estim_Bayes.mod
(63.63 KiB) Downloaded 62 times
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Re: Problem: Matrix is close to singular or badly scaled. Re

Postby thanhha9289 » Fri Jul 07, 2017 11:07 am

someone can give me advice on this issue?
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Posts: 19
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Re: Problem: Matrix is close to singular or badly scaled. Re

Postby thanhha9289 » Sun Jul 09, 2017 8:40 am

please
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Posts: 19
Joined: Wed Feb 25, 2015 2:26 pm

Re: Problem: Matrix is close to singular or badly scaled. Re

Postby jpfeifer » Mon Jul 10, 2017 2:17 pm

Is this an occasional warning that pops up for some draws? Or does it appear for every draw? If it's the former and the results from mode finding look ok, you can ignore it.
------------
Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
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