Dear all,

I receive the error message"Blanchard & Kahn conditions are not satisfied: indeterminacy."

Residuals of the static equations:

Equation number 1 : 0 : 1.)Household Euler Equation-inter-temporal condition

Equation number 2 : 0 : 2.)New Keynesian Phillips Curve, NKPC

Equation number 3 : 0 : 3.)Market equilibrium

Equation number 4 : 0 : 4.)FOC Capital

Equation number 5 : 0 : 5.)Technology shocks

Equation number 6 : 0 : 6.)Taylor rule

Equation number 7 : -0.00052429 : 7.)Central governemnt revenue

Equation number 8 : -0.00052429 : 8.)Production function

Equation number 9 : 0 : 9.)Period Utility function

Equation number 10 : -0.00058443 : 10.)Marginal cost

Equation number 11 : 0 : 11.)Total Tax revenue

I have checked my time setting so many times but cannot get any breakthrough.

Another question is that my residuals are realy close to zero but not equal to zero, but my target is to substitute them into the ramsey optimal policy model, how to modify the `ramsey_model(instruments=(te),planner_discount=beta,planner_discount_latex_name=\beta);

```
stoch_simul(order=1,irf=20,periods=500);
evaluate_planner_objective;`
```

code in ramsey optimal model appropriately to hold on the tolf=0.001 setting in baseline model ?

The code is attached below, any help is appriciated!

Baseline_Ramsey0730.mod (7.1 KB)

Best reguard

haruka