# Determinacy in SAM + NK models

**URL:** <https://forum.dynare.org/t/determinacy-in-sam-nk-models/27963>\
**Category:** Stochastic simulations\
**Created:** [7 September 2025 17:46 UTC](https://forum.dynare.org/t/determinacy-in-sam-nk-models/27963 "2025-09-07T17:46:42Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![HenriGraul](https://forum.dynare.org/letter_avatar_proxy/v4/letter/h/a5b964/32.png) [@HenriGraul](https://forum.dynare.org/u/HenriGraul)\
**Post date:** [7 September 2025 17:46 UTC](https://forum.dynare.org/t/determinacy-in-sam-nk-models/27963/1 "2025-09-07T17:46:42Z")

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Hello guys!

I am trying to run an extended version of a New Keynesian model with search and matching frictions - featuring incomplete markets (Tractable HANK, i.e., degenerate distribution across types). I cannot understand why the Blanchard Kahn conditions are not satisfied (indeterminacy). I have attached the relevant files.

Thank you very much in advance!

[NEW\_HANK\_JL.mod](https://forum.dynare.org/uploads/short-url/oNSRB15KGrhiPePZRvyz1mgrPyD.mod) (16.7 KB)

[NEW\_HANK\_JL\_steadystate.m](https://forum.dynare.org/uploads/short-url/xbrpOd1WcfeinFXm53v3HLyZI1G.m) (7.9 KB)

[NEW\_HANK\_JL\_stationary.m](https://forum.dynare.org/uploads/short-url/AdJslG2OTsbpRph4YXvqyqGTUgt.m) (2.1 KB)

[eta\_b.m](https://forum.dynare.org/uploads/short-url/6am2PoGF1LnfBtIlDsqchrMajIO.m) (542 Bytes)

[zeta\_b.m](https://forum.dynare.org/uploads/short-url/lwnvl2C9MoqL27DI2GKvGZryqvz.m) (430 Bytes)

[varphi.m](https://forum.dynare.org/uploads/short-url/70owfYJEzOJcJfVwT19ao6QMwNZ.m) (468 Bytes)

[LM\_eq.m](https://forum.dynare.org/uploads/short-url/e3VWpXCTtQTj6K39TsSiJ5aFbjt.m) (451 Bytes)

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**Author:** ![jpfeifer](https://forum.dynare.org/user_avatar/forum.dynare.org/jpfeifer/32/5044_2.png) [@jpfeifer](https://forum.dynare.org/u/jpfeifer)\
**Post date:** [10 September 2025 11:17 UTC](https://forum.dynare.org/t/determinacy-in-sam-nk-models/27963/2 "2025-09-10T11:17:20Z")

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That is hard to tell. Does the model without SAM work as expected?
