Dear Professor Pfeifer,
My DSGE model input in dynare has the indeterminacy problem, which is solved by adding one sunspot shock to either of two variables. Adding sunspot shocks to other variables does not work. Does it mean the indeterminacy degree of my model is one, and only relates one of those two variables? I am wondering how to figure out what is the degree of indeterminacy exactly?
I thought this problem can be solved by asking the dynare codes to print the Jocobian matrix. In dynare manual, there is one command for it.
"Command: print_bytecode_dynamic_model ;
Prints the equations and the Jacobian matrix of the dynamic model stored in the bytecode binary format file. Can only be used in conjunction with the bytecode option of the model "
But I do not know how to change change the model codes in dynare into bytecode binary format.
To sum up, my question is how to figure out the exact degree and variables for indeterminacy. If it can be solved by printing Jocobian matrix, how to command to display Jocobian matrix in dynare? Such information will provide the reference and guidance for our strategy of sunspot shocks.
Many thanks for your instruction!