I’ve been working in Dynare 6.2, and an error keeps poping up.
Normalization failed with cutoff, trying symbolic normalization...
Could not normalize the dynamic model. Variable I_k is not in the maximum cardinality matching.
But with this error I can simulate the model and get IRFs. and MODEL_DIAGNOSTICS: No obvious problems with this mod-file were detected.
When I run the mod file in Dynare 5.2, thers is no error message.
So what dost this error mean? I think the timing of capital is right.