Dear all,
I have a problem with my code. I’m coding now A New Keynesian Model with Price Stickiness from Eric Sims classes. But I have the following Error:
Error using print_info (line 45)
Blanchard Kahn conditions are not satisfied: indeterminacy
Error in stoch_simul (line 100)
print_info(info, options_.noprint, options_);
Error in NKM_draft_stoch (line 228)
info = stoch_simul(var_list_);
Error in dynare (line 235)
evalin(‘base’,fname) ;
How I can Match the problem?
Attached a code in mod file.
Thank you!
NKM_draft_stoch.mod (1.6 KB)