Bayesian Estimation: Blanchard Kahn conditions are not satisfied: no stable equi

[jpfeifer]

From what I can see, you are matching detrended data to non-mean zero variables in the model. Thus, your observation equations are wrong.

Bringing model to the data

Please first read Pfeifer(2013): “A Guide to Specifying Observation Equations for the Estimation of DSGE Models”