Hi,
I have a problem with estimation. After loading the data, I get the following error message:
Loading 79 observations from paper.m
Error in computing likelihood for initial parameter values
??? Error using ==> print_info at 40
Blanchard Kahn conditions are not satisfied: no stable equilibrium
Error in ==> initial_estimation_checks at 101
print_info(info, options_.noprint)
Error in ==> dynare_estimation_1 at 122
initial_estimation_checks(xparam1,gend,data,data_index,number_of_observations,no_more_missing_observations);
Error in ==> dynare_estimation at 62
dynare_estimation_1(var_list,varargin{:});
Error in ==> lunwen at 308
dynare_estimation(var_list_);
Error in ==> dynare at 120
evalin(‘base’,fname) ;