Interpreting output of GSA Toolboxg

[vd111]

Hello Professor @jpfeifer,

I wanted to understand how to interpret the output of the GSA toolbox when it gives the exact same condition for both indeterminacy and instability. Please see the attached pictures.

What does that imply in terms of the standard Blanchard-Kahn conditions?
Thank you very much.

[jpfeifer]

The absence of a unique stable solution is not just instability, it’s instability or indeterminacy. So if there is no instability, just indeterminacy in your model, the two pictures must be identical.

[vd111]

Thank you very much!