my code does not work and i obtain the following error:
here are 8 eigenvalue(s) larger than 1 in modulus
for 10 forward-looking variable(s)
The rank conditions ISN’T verified!
??? Error using ==> print_info at 43
Blanchard Kahn conditions are not satisfied: indeterminacy
Error in ==> stoch_simul at 81
Error in ==> num at 323
info = stoch_simul(var_list_);
Error in ==> dynare at 120
Per my knowledge this error is linked to the non respect of timing conventions, but i double cheked my model and everything looks fine.
num.mod (2.92 KB)