Hi all,
I am pretty new to Dynare. When I attempt to run this code, I receive the following error message…
Error using print_info (line 32)
Blanchard & Kahn conditions are not satisfied: indeterminacy.
EIGENVALUES:
Modulus Real Imaginary
0.8476 -0.8476 0
0.872 0.8694 0.06775
0.872 0.8694 -0.06775
0.9 0.9 0
0.9 0.9 0
0.9 0.9 0
0.9291 0.9291 0
There are 0 eigenvalue(s) larger than 1 in modulus
for 2 forward-looking variable(s)
The rank condition ISN’T verified!
I am not sure how to modify my code in order to address these issues. Any help would be greatly appreciated!
To that end, I have the following code…
lzxdsge1126.mod (2.6 KB)