Help everyone, I am a dynare beginner.
My mod are having trouble running like those:
There are 3 eigenvalue(s) larger than 1 in modulus
for 2 forward-looking variable(s)
The rank condition ISN’T verified!
error print_info (line 32)
Blanchard & Kahn conditions are not satisfied: no stable equilibrium.
error stoch_simul (line 120)
print_info(info, options_.noprint, options_);
error zongxiangjiegou.driver (line 295)
[info, oo_, options_, M_] = stoch_simul(M_, options_, oo_, var_list_);
error dynare (line 281)
evalin(‘base’,[fname ‘.driver’]);
This is my mod file,please help me.Thanks for reading my post!
zongxiangjiegou.mod (1.8 KB)