this is his model, the following is my mod.
repulication.mod.mod (636 Bytes)
STEADY-STATE RESULTS:
y 0.0240424
I -1.41392
k 2.27496
n -1.10141
a 0
c -0.246992
w 0.719991
R -3.34953
r 0.010101
Problem in the model specification: some variables don't appear as
current. Check whether this is desired.
Blanchard & Kahn conditions are not satisfied: indeterminacy.