I can't find where the timing error comes from!

Stochastic simulations
1

Hello anyone.

I have read a lot of topic about the time error. But I still can’t find the error in my model. The topic most relevant to my model is Timing of capital in two sector economy. Because I also want to model two production departments.

Somebody help me figure out which equation has the wrong time, because I don’t have a clue.

Here is my mod file:
main.mod (16.0 KB)

2

the error message is that:
There are 10 eigenvalue(s) larger than 1 in modulus
for 9 forward-looking variable(s)

The rank condition ISN’T verified!

Residuals of the static equations:

Equation number 1 : 0
Equation number 2 : 0
Equation number 3 : 0
Equation number 4 : 0
Equation number 5 : 0
Equation number 6 : 0
Equation number 7 : 0
Equation number 8 : 0
Equation number 9 : 0
Equation number 10 : 0
Equation number 11 : 0
Equation number 12 : 0
Equation number 13 : 0
Equation number 14 : 0
Equation number 15 : 0
Equation number 16 : 0
Equation number 17 : 0
Equation number 18 : 0
Equation number 19 : 0
Equation number 20 : 0
Equation number 21 : 0
Equation number 22 : 0
Equation number 23 : 0
Equation number 24 : 0
Equation number 25 : 0
Equation number 26 : 0
Equation number 27 : 0
Equation number 28 : 0
Equation number 29 : 0
Equation number 30 : 0
Equation number 31 : 0
Equation number 32 : 0

MODEL_DIAGNOSTICS: No obvious problems with this mod-file were detected.
Blanchard & Kahn conditions are not satisfied: no stable equilibrium.
print_info(info, options_.noprint, options_);

[info, oo_, options_, M_] = stoch_simul(M_, options_, oo_, var_list_);

evalin(‘base’,[fname ‘.driver’]) ;

3

I cannot read any of the variable names or equation tags.

4

Dear Professor

Thank you very much for your reply. I’m very sorry to reply to you so late. I have translated the Chinese in the code into English. Can you help me have a look?

Because I deduced this model from a simple model. At the beginning, there was only one manufacturer in the model, and there was no error reported at that time. When another manufacturer was added, the model reported an error.

Thank you very much again！
main.mod (9.3 KB)

5

I cannot spot anything immediately suspicious. You may need to simplify the model, e.g. remove frictions.

6

Thank you for your reply. I’ll have a try！