Policy and transition

Stochastic simulations
1

POLICY AND TRANSITION FUNCTIONS
m y rd pic cp
phi_I(-1) 28279.868863 0 0 -0.403021 -4278.638134
phi_d(-1) 16.333214 0 0 -0.349093 -4.181652
phi_Id(-1) -5114.011238 0 0 0.588325 825.353753
k(-1) -104.691229 0 0 0.004062 16.101023
e(-1) -2226.784012 0 0 0.458310 340.312420
y_star(-1) -17.051409 0 0 0.003092 2.711904
phi_starx(-1) 1222.771303 0 0 0.013080 -191.025280
pi_star(-1) -669.886888 0 0 0.137321 102.586447
delta_EX(-1) -4081.313437 0 0 0.401374 627.062190
or(-1) 254.122338 0 0 0.183641 -52.370692
rr(-1) 124.851198 0 0 -0.031083 -15.928956

Dear friends, what is the reason why the political and transition functions are like this?
EX.mod (13.9 KB)

I have attached the codes

2

I get

Error using print_info
Blanchard & Kahn conditions are not satisfied: indeterminacy.

with your code

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The truth is, I don’t know what to do to solve this problem.

4

Check your model equations for mistakes in e.g. the timing.