Hi friends,

when I run my model, appear these errors:

Error using print_info (line 52)

One of the eigenvalues is close to 0/0 (the absolute value of

numerator and denominator is smaller than 1e-6)

Error in check (line 76)

print_info(info, options.noprint);

Error in MODEL (line 364)

oo_.dr.eigval = check(M_,options_,oo_);

Error in dynare (line 120)

evalin(‘base’,fname) ;

When I type message “model_diagnostics(M_,options_,oo_)” in MATLAB, appear this message:

model_diagnostic: the Jacobian of the static model is singular

there is 4 colinear relationships between the variables and the equations

Relation 1

Colinear variables:

c

r

pi

w

l

lt

kt

mct

pit

lg

kn

mcn

pin

nou

x

tx

pix

mcx

rer

im

tim

piim

mcim

i

k

y

Relation 2

Colinear variables:

lt

kt

lg

kn

x

tx

rer

im

tim

i

k

y

Relation 3

Colinear variables:

lt

kt

lg

kn

x

tx

rer

im

tim

i

k

y

Relation 4

Colinear variables:

lt

kt

lg

kn

x

tx

rer

im

tim

i

k

y

Relation 1

Colinear equations

5 6 10 11 22 25 36

Relation 2

Colinear equations

5 6 22 25 27 29 36

Relation 3

Colinear equations

5 6 10 11 22 25 36

Relation 4

Colinear equations

22 25 27 29 36

I can’t resolve this error; please help me to resolve this mistake.

thanks.

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