Questions related to stochastic simulations, both perturbation based (stoch_simul) and stochastic extended path
Dear partnersmodel1.mod (2.9 KB)
I am a newcomer to Dynare, and I am doing my project. But I can’t execute dynare code. And here is my problem:
EIGENVALUES:
Modulus Real Imaginary
0.9 0.9 0
0.9 0.9 0
0.9608 0.9608 0
1.078 1.078 0
2.464 -0.001447 2.464
2.464 -0.001447 -2.464
There are 3 eigenvalue(s) larger than 1 in modulus
for 2 forward-looking variable(s)
The rank condition ISN’T verified!
Rank condition is NOT verified!
Can you help me solve it?
Thank you
Juan