Dear all,
I did simple RBC model with heterogeneous Agent, but the Matlab shows me the following problem:
Error using print_info (line 45)
Blanchard Kahn conditions are not satisfied: indeterminacy
Error in stoch_simul (line 100)
print_info(info, options_.noprint, options_);
Error in RBC_HA_draft (line 359)
info = stoch_simul(var_list_);
Error in dynare (line 235)
evalin(‘base’,fname) ;
Error in run_calibration_model (line 78)
dynare RBC_HA_draft.mod
model_diagnostics(M_,options_,oo_)
MODEL_DIAGNOSTICS: No obvious problems with this mod-file were detected.
Here is my code in mod and m files. Please, can you help me to find what the problem is?
Thanks!
RBC_HA_draft.mod (7.1 KB) run_calibration_model.m (2.1 KB)