One of the eigenvalues is close to 0/0 (the absolute value of numerator and denominator is smaller than 1e-06!

Stochastic simulations
1

Hi
I used the Maple to compute the Steady State. Maple gave me the several sets of answers and I chose the best answer. After running the model in dynare,naghdi2shockbebahrewithloss.mod (4.6 KB) I encountered the following error:

Error using print_info (line 54)
One of the eigenvalues is close to 0/0 (the absolute value of numerator and denominator is
smaller than 1e-06!
If you believe that the model has a unique solution you can try to reduce the value of
qz_zero_threshold.

Error in check (line 76)
print_info(info, 0, options);

Error in naghdi2shockbebahrewithloss (line 335)
oo_.dr.eigval = check(M_,options_,oo_);

Error in dynare (line 235)
evalin(‘base’,fname) ;

Is this because the several sets of answers were provided in Maple (not one)؟

The result of Maple is as follows

image
image1145×585 64.2 KB

2

Check your timing. For one thing

MODEL_DIAGNOSTICS: The following endogenous variables aren’t present at the current period in the model:
i_l

3

deleted

4

Thank you, Professor
The problem was solved with your guidance
As a training point: should all variables always be present in the current period?(In all models?)

5

Usually, the answer is yes. It’s hard to come up with a model where that is not the case.