In my log-linearized medium size DSGE model, I receive the following error messages:
There are 23 eigenvalue(s) larger than 1 in modulus
for 17 forward-looking variable(s)
The rank conditions ISN’T verified!
Error using print_info (line 39)
Blanchard Kahn conditions are not satisfied: no stable equilibrium
Error in stoch_simul (line 71)
Error in deneme_stoch (line 580)
info = stoch_simul(var_list_);
Error in dynare (line 120)
The following endogenous variables aren’t present at the current period in the model:
model_diagnostic: the Jacobian of the static model is singular
there is 1 colinear relationships between the variables and the equations
21 22 65
**As Blanchard Kahn conditions are not satisfied, I guess the problem is about the values of the parameters (I have checked each equation and log-linearization process several times).
Any advice to handle the problem is appreciated!