Dear professor jpfeifer:
When I run the shiyan.mod file in dynare, there is a trouble I don’t know how to solve it. The
error information coming up with the following message:
There are 5 eigenvalue(s) larger than 1 in modulus
for 5 forward-looking variable(s)
The rank conditions ISN’T verified!
Error using print_info (line 46)
Blanchard Kahn conditions are not satisfied: indeterminacy due to rank
Error in stoch_simul (line 81)
Error in shiyan2 (line 198)
info = stoch_simul(var_list_);
Error in dynare (line 120)
Thank you very much for your help!
the mod file as follows:
shiyan2.mod (944 Bytes)