I used dynare to run but it gave me this problem
Does anyone can help me?
*There are 5 eigenvalue(s) larger than 1 in modulus *
for 3 forward-looking variable(s)
The rank condition ISN’T verified!
Error using print_info (line 42)
Blanchard Kahn conditions are not satisfied: no stable equilibrium
Error in stoch_simul (line 100)
- print_info(info, options_.noprint, options_);*
Error in abc (line 458)
info = stoch_simul(var_list_);
Error in dynare (line 223)
evalin(‘base’,fname) ;
abc 0825.mod (8.8 KB)