Sorry to call for help agian. I am trying to run the simulations of a log-linearized model on dynare but unfortunately I always get the same error message: “The generalized Schur (QZ) decomposition failed. For more information, see the documentation for Lapack function
dgges: info=17, n=15. You can also run model_diagnostics to get more information on what may cause this problem.
The steady state of all variables are 0, which is really strange. I suspect that maybe this result in the error message? But I have no idea on how to fix it.
I would highly appreciate that if anyone can help me to find what is the problem?
The mod file is attached below.
Baseline_model_0530.mod (9.1 KB)
MODEL_DIAGNOSTICS: The following endogenous variables aren't present at the current period in the model: rk
Dear professor Jpfeifer,
Your help is greatly appriciated!! Thank you so much for remind me using the model_diagnostics command!!