Greetings to all researchers,
I am currently working on implementing a small DSGE model for Algeria. I have completed the model development and data cleaning, but whenever I attempt to run it in Dynare, I consistently encounter the Blanchard-Kahn condition problem. I have made multiple attempts to resolve the issue by altering the information and parameters, among other things, but to no avail.
I kindly request your assistance in resolving this issue, and I sincerely appreciate your help
The standard advice is: check the timing and then the parameter values for errors. If that does not help, start from a simpler version of the model.
thank you sir I will work on that.