hi this is my error. what i do ? can you help me ? thank …for number 1and 2 are not problem but number 3 …follow this message:
dynare rei.mod
Using 32-bit preprocessor
Starting Dynare (version 4.6.1).
Calling Dynare with arguments: none
Starting preprocessing of the model file …
Substitution of endo leads >= 2: added 2 auxiliary variables and equations.
Found 44 equation(s).
Evaluating expressions…done
Computing static model derivatives (order 1).
Computing dynamic model derivatives (order 1).
Processing outputs …
done
Preprocessing completed.
STEADY-STATE RESULTS:
lambda 0
c 0
w 0
wno 0
wo 0
q 0
qo 0
qno 0
ko 0
kno 0
g 0
inv 0
invo 0
invno 0
R 0
s 0
pi 0
k 0
Rf 0
pif 0
E 0
y 0
yim 0
yo 0
yno 0
yoim 0
h 0
ho 0
hno 0
O 0
pof 0
Ao 0
Ano 0
mcno 0
po 0
p_im 0
pino 0
piim 0
mcim 0
kapa 0
ex 0
im 0
EIGENVALUES:
Modulus Real Imaginary
1.689e-16 -1.689e-16 0
1.888e-15 1.888e-15 0
0.2659 0.2659 0
0.4 0.4 0
0.4 0.4 0
0.4 0.4 0
0.5938 0.5938 0
0.65 0.65 0
0.65 0.65 0
0.65 0.65 0
0.65 0.65 0
0.7792 0.7792 0
0.9321 0.9321 0
0.9655 0.9653 0.01954
0.9655 0.9653 -0.01954
1.071 1.071 0
1.232 1.232 0
1.772 1.772 0
19.01 19.01 0
1.324e+04 -1.324e+04 0
1.53e+08 -1.53e+08 0
1.532e+08 1.532e+08 0
1.03e+17 -1.03e+17 0
3.533e+20 3.533e+20 0
Inf Inf 0
There are 10 eigenvalue(s) larger than 1 in modulus
for 12 forward-looking variable(s)
The rank condition ISN’T verified!
Error using print_info (line 32)
Blanchard & Kahn conditions are not satisfied: indeterminacy.
Error in stoch_simul (line 103)
print_info(info, options_.noprint, options_);
Error in rei.driver (line 719)
[info, oo_, options_, M_] = stoch_simul(M_, options_, oo_, var_list_);
Error in dynare (line 293)
evalin(‘base’,[fname ‘.driver’]) ;
//money sector
R=(zetaR(-1))+((1-zeta)muyy)+((1-zeta)mupipi);3
//R=(zetaR(-1))+((1-zeta)muyy)+((1-zeta)mupinopino);1
//R=(zeta*R(-1))+((1-zeta)muyy)+((1-zeta)muss);2
please help me …thanks …
Var lambda c w wno wo q qo qno ko kno g inv invo invno R s pi k.pdf (123.3 KB)