Dynare help:The rank condition ISN'T verified!

Starting Dynare (version 5.4).
Calling Dynare with arguments: none
Starting preprocessing of the model file ...
Found 33 equation(s).
Evaluating expressions...done
Computing static model derivatives (order 1).
Computing dynamic model derivatives (order 1).
Processing outputs ...
done
Preprocessing completed.





Residuals of the static equations:

Equation number 1 : 0 : 1
Equation number 2 : 0 : 2
Equation number 3 : 0 : 3
Equation number 4 : 0 : 4
Equation number 5 : 0 : 5
Equation number 6 : 0 : K
Equation number 7 : 0 : 7
Equation number 8 : 0 : rK
Equation number 9 : 0 : wi
Equation number 10 : 0 : di
Equation number 11 : 0 : 11
Equation number 12 : 0 : piistar
Equation number 13 : 0 : xi1
Equation number 14 : 0 : xi2
Equation number 15 : 0 : 15
Equation number 16 : 0 : 16
Equation number 17 : 0 : wj
Equation number 18 : 0 : dj
Equation number 19 : 0 : 19
Equation number 20 : 0 : pijstar
Equation number 21 : 0 : xj1
Equation number 22 : 0 : xj2
Equation number 23 : 0 : Y
Equation number 24 : 0 : Yi
Equation number 25 : 0 : Yj
Equation number 26 : 0 : gm
Equation number 27 : 0 : 27
Equation number 28 : 0 : 28
Equation number 29 : 0 : 29
Equation number 30 : 0 : 30
Equation number 31 : 0 : 31
Equation number 32 : 0 : 32
Equation number 33 : 0 : 33



STEADY-STATE RESULTS:

Ni      		 0.596678
C       		 1.71457
wi      		 1.75409
Nj      		 0.421915
wj      		 0.620165
rK      		 0.035101
RD      		 1.0101
pi      		 1
m       		 293.976
K       		 18.636
I       		 0.4659
di      		 1
Yi      		 1.74438
Ai      		 1
Ki      		 14.9088
mci     		 0.9
piistar 		 1
piii    		 1
xi1     		 2.07393
xi2     		 2.30437
pii     		 1
dj      		 1
Yj      		 0.436095
Aj      		 0.5
Kj      		 3.7272
mcj     		 0.9
pijstar 		 1
pijj    		 1
xj1     		 0.518482
xj2     		 0.576091
pij     		 1
Y       		 2.18047
gm      		 0
MODEL_DIAGNOSTICS:  No obvious problems with this mod-file were detected.

EIGENVALUES:
         Modulus             Real        Imaginary

       3.415e-17        3.415e-17                0
       1.267e-14       -1.267e-14                0
       1.394e-08         1.48e-14        1.394e-08
       1.394e-08         1.48e-14       -1.394e-08
             0.5              0.5                0
          0.6876           0.6876                0
          0.7348           0.7348                0
            0.75             0.75                0
            0.75             0.75                0
          0.9583           0.9583                0
          0.9629           0.9629                0
            1.01             1.01                0
            1.06             1.06                0
           1.104           -1.104                0
           1.347            1.347                0
           1.347            1.347                0
           1.717            1.717                0
           2.852            2.852                0
        7.93e+20         7.93e+20                0
             Inf              Inf                0
             Inf              Inf                0


There are 10 eigenvalue(s) larger than 1 in modulus 
for 8 forward-looking variable(s)

The rank condition ISN'T verified!

错误使用 print_info
Blanchard & Kahn conditions are not satisfied: no stable
equilibrium.
出错 stoch_simul (第 120 行)
    print_info(info, options_.noprint, options_);
出错 first.driver (第 598 行)
[info, oo_, options_, M_] = stoch_simul(M_, options_, oo_, var_list_);
出错 dynare (第 278 行)
    evalin('base',[fname '.driver']); 

first.mod (4.4 KB)

See

Thank you so much! :hugs: :grinning: :smile: