Why in my model many variables do not react to rr, zb, dc shocks ?? But all variables respond well to other shocks (5 shocks)
EE1.txt (10.4 KB)
For better guidance of my friends, I attached the file
You are the model builder and need to understand the workings of your model. You can check which variables are react to the shocks in the displayed decision rules.
Sorry about this error what shoud i do?
There are 7 eigenvalue(s) larger than 1 in modulus
for 7 forward-looking variable(s)
This usually means that you have a timing issue in your model equations, there are many forum posts on this. If you extended a mod file which previously ran, then carefully redo your steps and check the timing and signs of variables.
Alternatively, this can be due to an unfortunate calibration, a value which is either too high or too low, or has a wrong sign. Again have a look at each value of the parameters, check whether the steady-state makes sense. If you really want to dig in here (and you are sure there is no timing issue), then you can have a look at dynare_sensitivity toolbox. But first, check the correct timing!
tanks