MJDGGES returns the following error code: 16

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MJDGGES returns the following error code: 16

Postby mayong1982 » Sun Dec 04, 2011 12:25 pm

when running my dynare, the problem arises as the follows:

??? Error using ==> print_info
MJDGGES returns the following error code: 16

Error in ==> stoch_simul at 71
print_info(info, options_.noprint);

Error in ==> macroprudential at 295
info = stoch_simul(var_list_);

Error in ==> dynare at 120
evalin('base',fname) ;

what's the problem? who can tell me please?many thanks!
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Re: MJDGGES returns the following error code: 16

Postby jpfeifer » Sun Dec 04, 2011 12:46 pm

The following endogenous variables aren't present at the current period in the model:
rg
kr

model_diagnostic: the Jacobian of the static model is singular

there is 2 colinear relationships between the variables and the equations
Relation 1
Colinear variables:
d
b
s
bk
w
p
q
z
kr
rk
Relation 2
Colinear variables:
kr
Relation 1
Colinear equations
2 3 4 5 6 7 8 9 10 11 16 17 18 20 21 22 23 24 26

Relation 2
Colinear equations
1 25
------------
Johannes Pfeifer
University of Cologne
https://sites.google.com/site/pfeiferecon/
jpfeifer
 
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