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)