Seeking help for "There are 12 eigenvalue(s) larger than 1 in modulus for 13 forward-looking variable(s)"

Stochastic simulations
1

I don’t know how to express the problem.
begging for help
calib.m (1.5 KB)
solve_labor.m (389 Bytes)
solve_Re.m (644 Bytes)
test.mod (4.2 KB)
attaching the coding,

2

Often it’s a timing error. I can only give you the generic advice. Try a simplified version of the model.

3

Hello Professor, I tried to adjust some parameters, and this code can run successfully. whether it can be understood that the steady-state solution of this model depends on the setting of parameters?

4

The steady state pretty much always depends on the parameters - as does the dynamics. So that is not unusual unless the parameter values are now implausible. Because sometimes you can force the model to run despite a timing issue by torturing the parameter values.