Hello all,

When running my model I have the problem that “There are 10 eigenvalue(s) larger than 1 in modulus for 6 forward-looking variable(s)”. Once I run the command “model_diagnostics(M_,options_,oo_)” I get that there is one colinear relationship in my model’s equations. What does that exactly mean and where could the error be?

The full message below. Thanks!

Kyriacos

model_diagnostic: the Jacobian of the static model is singular

there is 1 colinear relationships between the variables and the equations

Colinear variables:

c1

n1

k1

y1

i1

a1

b1

mi1

lamda1

phi1

cT1

cN1

yT1

yT_I1

yN1

kT1

kN1

nT1

nN1

ksi1

pi1

zita1

tau1

c2

n2

k2

y2

i2

a2

b2

mi2

lamda2

phi2

cT2

cN2

yT2

yT_I2

yN2

kT2

kN2

nT2

nN2

ksi2

pi2

zita2

tau2

Colinear equations

Columns 1 through 11

```
1 2 3 4 5 6 7 8 9 10 11
```

Columns 12 through 22

```
12 13 14 15 16 17 18 19 20 21 22
```

Columns 23 through 32

`23 24 25 26 27 28 31 32 35 36`