I have the usual problem that I have too many eigenvalues greater than 1 than the number of forward looking variables. One eigenvalue is complex, so that might be the problem. I tried using model_diagnostics(M_,options_,oo_) after running dynare to see what the problem is but I get nothing (completely blank screen). All the inputs for the model_diagnostics function exist after I’ve run dynare, so do you have any idea of what hte problem would be? My mod file is attached, but I initialize variables using a .mat file and I’m not able to upload it directly, so that’s in the zip file.
I found a timing issue and sorted it out, and simplified the model a bit. I now get this error:
There are 31 eigenvalue(s) larger than 1 in modulus
for 31 forwardlooking variable(s)
The rank conditions ISN’T verified!
When I run model diagnostics, though, I get the following:
model_diagnostics(M_,options_,oo_

Error: Expression or statement is incorrect–possibly unbalanced (, {, or .
I’ve been through the file, and there are no unbalanced brackets. In general I thought Dynare doesn’t even run if there were unbalanced brackets. Is it a problem with the Jacobian but this is the output associated with that in model_diagnostics? I looked at the code here: dynare.org/dynarematlabm2h … stics.html
and I don’t see what error would trigger exactly the message I received. Would you be able to help with this? (I’m trying to understand the source of the error, if it is actually the Jacobian or if I have a Walras law problem or if it is actually an unbalanced bracket)