Dear professor @jpfeifer
I tried to run identification analysis but I got the error message like this:
I don’t know how to fix this. Please help me.
Any instruction will be much appreciated.
newObdata.mat (5.0 KB)
parameters_pp.m (976 Bytes)
PP.mod (7.5 KB)
Hi Oliver:
It always the timing of varibles, like: capital and bond, you could check your model. For example:
y = theta+(1/(eps-1))*A+alpha*k(-1)+(1-alpha)*L;
...
...
As @Oliver correctly pointed out, your timing seems incorrect. Before you move to estimation, you should try to get a simulated version of the model to run.