Dear all,
I may have some errors in my model, the result shows:
Blanchard & Kahn conditions are not satisfied: no stable equilibrium
I manually calibrate the parameters and have already found the steady state, but I don’t know why my BK conditions are still not met, and I hope that well-wishers can help me solve this problem
some.m (2.0 KB)
(Because of an error uploading the mod file, I turned my mod into tex)
some.txt (6.2 KB)