Hi,

I have tried to change the code in an already existing model setup.

But when I try to run the code after making some changes I get the following message:

dynare NK_GM05_HJ.mod

Configuring Dynare …

[mex] Generalized QZ.

[mex] Sylvester equation solution.

[mex] Kronecker products.

[mex] Sparse kronecker products.

[mex] Local state space iteration (second order).

[mex] Bytecode evaluation.

[mex] k-order perturbation solver.

[mex] k-order solution simulation.

[mex] Quasi Monte-Carlo sequence (Sobol).

[mex] Markov Switching SBVAR.

Using 64-bit preprocessor

Starting Dynare (version 4.5.4).

Starting preprocessing of the model file …

Found 20 equation(s).

Evaluating expressions…done

Computing static model derivatives:

- order 1

Computing dynamic model derivatives: - order 1
- order 2

Processing outputs …

done

Preprocessing completed.

Error using print_info (line 54)

One of the eigenvalues is close to 0/0 (the absolute value of numerator and denominator is smaller than 1e-06!

If you believe that the model has a unique solution you can try to reduce the value of qz_zero_threshold.

Error in stoch_simul (line 100)

print_info(info, options_.noprint, options_);

Error in NK_GM05_HJ (line 255)

I’m not sure how to deal with this problem. I hope that you can help me.

Thanks!