Hello
Somebody please help I am badly stuck.
I am getting following errors,
??? Error using ==> print_info at 40
Blanchard Kahn conditions are not satisfied: no stable equilibrium
Error in ==> initial_estimation_checks at 66
print_info(info, DynareOptions.noprint)
Error in ==> dynare_estimation_1 at 133
oo_ =
initial_estimation_checks(objective_function,xparam1,dataset_,M_,estim_params_,options_,bayestopt_,oo_);
Error in ==> dynare_estimation at 70
dynare_estimation_1(var_list,dname);
Error in ==> bera at 366
dynare_estimation(var_list_);
Error in ==> dynare at 120
evalin(‘base’,fname) ;
The most of the values of steady state are positive, i can,t figure out, please help i would be grateful.
Regards and best wishes