hi, everyone. hi, professor jpfiefer.
My full model always has error that there are less eigenvalue(s) larger than 1 in modulus for my forward-looking variable(s).
I have simplified my model as much as possible to check out where the error happened, but the error still exists in the simple model:
noG1.mod (3.4 KB)
is there anything wrong with the timing?
I also wondering how I can make sure the timing is proper in any model.
thanks in advance.