# No Stable Equilibrium but No obvious problems

**URL:** https://forum.dynare.org/t/no-stable-equilibrium-but-no-obvious-problems/25919
**Category:** Stochastic simulations
**Created:** [13 June 2024 12:39 UTC](https://forum.dynare.org/t/no-stable-equilibrium-but-no-obvious-problems/25919 "2024-06-13T12:39:14Z")
**Posts on this page:** 3
**Page:** 1

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### Author: ![JackW](https://forum.dynare.org/letter_avatar_proxy/v4/letter/j/67e7ee/32.png) [@JackW](https://forum.dynare.org/u/JackW)
#### Post date: [13 June 2024 12:39 UTC](https://forum.dynare.org/t/no-stable-equilibrium-but-no-obvious-problems/25919/1 "2024-06-13T12:39:14Z")

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My Dynare code gives me the following error: Blanchard & Kahn conditions are not satisfied: no stable equilibrium.

But when I check MODEL\_DIAGNOSTICS: No obvious problems with this mod-file were detected.

I don’t know whether it is because the timing or some of the variables are explosive (causing by unreasonable parameters? ). I check both, but I don’t know what the problem is.

Here I attach the file, hopefully someone can help. Thanks Very Much !!!  
[tr\_workingsalary\_steadystate\_helper.m](https://forum.dynare.org/uploads/short-url/rimbIVsLA42Q3wZe1GULSXO3YXH.m) (4.5 KB)  
[tr\_workingsalary.mod](https://forum.dynare.org/uploads/short-url/jcXAWU7mOyB3FyCE5irsYIl4Gun.mod) (6.5 KB)

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### Author: ![jpfeifer](https://forum.dynare.org/user_avatar/forum.dynare.org/jpfeifer/32/5044_2.png) [@jpfeifer](https://forum.dynare.org/u/jpfeifer)
#### Post date: [14 June 2024 13:28 UTC](https://forum.dynare.org/t/no-stable-equilibrium-but-no-obvious-problems/25919/2 "2024-06-14T13:28:40Z")

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It’s almost always a timing issue. You may have to simplify your model.

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### Author: ![JackW](https://forum.dynare.org/letter_avatar_proxy/v4/letter/j/67e7ee/32.png) [@JackW](https://forum.dynare.org/u/JackW)
#### Post date: [15 June 2024 05:46 UTC](https://forum.dynare.org/t/no-stable-equilibrium-but-no-obvious-problems/25919/3 "2024-06-15T05:46:55Z")

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Yes, it really because of timing. Thank you very much, Professor Jpfeifer!
