hello all
I was trying to do shock decomposition and I followed the case of example1_calib_shock_decomp.mod, but I get the following error
Error using print_info (line 42)
Blanchard Kahn conditions are not satisfied: no stable equilibrium
Error in DsgeSmoother (line 108)
print_info(info,options_.noprint, options_);
Error in evaluate_smoother (line 105)
DsgeSmoother(parameters,dataset_.nobs,transpose(dataset_.data),dataset_info.missing.aindex,dataset_info.missing.state,M_,oo_,options_,bayestopt_,estim_params_);
Error in shock_decomposition (line 75)
[oo_, M_, junk1, junk2, Smoothed_Variables_deviation_from_mean] =
evaluate_smoother(parameter_set, varlist, M_, oo_, options_,
bayestopt_, estim_params_);
Error in firm_loan (line 528)
[oo_,M_]=
shock_decomposition(M_,oo_,options_,var_list_,bayestopt_,estim_params_);
Error in dynare (line 235)
evalin(‘base’,fname) ;
but when I do the stochastic simulation, there is no error of Blanchard Kahn conditions are not satisfied: no stable equilibrium. I don’t know how to solve it, can anybody help? thank you very much. I’ve uploaded all the needed files. the coef data file (1.4959.mat) and firm_loan_hs.mat (historical data )
1.4595.mat (513 Bytes)
firm_loan.mod (6.8 KB)
firm_loan_hs.mat (16.2 KB)