And old problem about BK condition


Dear professor Pfeifer:

I met the problem:Blanchard Kahn conditions are not satisfied: indeterminacy due to rank failure。There are 34 eigenvalue(s) larger than 1 in modulus
for 34 forward-looking variable(s)onews.mod (14.7 KB)

The rank condition ISN’T verified!
However, indication of model_diagnostics is:MODEL_DIAGNOSTICS: No obvious problems with this mod-file were detected.

I tried many times, but still can not fix this problem. I wonder what should I do now? Is that still the timing problem? Could please please give me some advice?


With a model that size, I can only give you the generic advice: start with a simpler version that works and see when the problem appears.