Dear all,
I bulit a log-linear model and ran my dynare code, errors appeared:
Blanchard & Kahn conditions are not satisfied: indeterminacy.
But I could not find where the mistake lies. What should I do to fix it?
Here are my m file and mod file.
rdso_param.m (1.4 KB)
rdso.mod (5.5 KB)
Check your timing. The one for capital, for example, seems to be wrong. It should be predetermined.
Thanks a lot for your advice. I’ve solved this problem.