hello, everybody

I encounter this problem: "Blanchard Kahn conditions are not satisfied: indeterminacy " when I simulate a DSGE model. That would be fine if anybody can solve it, thank you very very much! I come from China, my english is not quite well, so I can’t write a lot. my email address is yshguo@gdufs.edu.cn.

Best wishes

yshguo

the questuions are as follow:

Configuring Dynare …

[mex] Generalized QZ.

[mex] Sylvester equation solution.

[mex] Kronecker products.

[mex] Sparse kronecker products.

[mex] Local state space iteration (second order).

[mex] Bytecode evaluation.

[mex] k-order perturbation solver.

[mex] k-order solution simulation.

[mex] Quasi Monte-Carlo sequence (Sobol).

[mex] Markov Switching SBVAR.

Starting Dynare (version 4.3.3).

Starting preprocessing of the model file …

Found 26 equation(s).

Evaluating expressions…done

Computing static model derivatives:

- order 1

Computing dynamic model derivatives: - order 1
- order 2

Processing outputs …done

Preprocessing completed.

Starting MATLAB/Octave computing.

??? Error using ==> print_info at 43

Blanchard Kahn conditions are not satisfied: indeterminacy

Error in ==> stoch_simul at 81

print_info(info, options_.noprint);

Error in ==> dsge_siml at 324

info = stoch_simul(var_list_);

Error in ==> dynare at 120

evalin(‘base’,fname) ;

dsge_siml.mod (2.29 KB)