The Jacobian matrix

General DSGE Modeling
1

Hello, could you please someone help me. It’s really urgent.
I have a nonlinear model where the household chooses sequences of consumption (c),
labor hours (h), and shares (s) in firms to maximize the expected lifetime utility and the firm chooses labor input (n_t), investment (i_t), and capital (k_t).
I derived optimal conditions and then tried to write in Dynare, but when I run the code, it says that - The Jacobian matrix evaluated at the steady-state contains elements that are not real or are infinite.
Could you please someone look at the code
mid.mod (1.2 KB)

2

See

3

Thanks for the links. However, I changed the model a little bit and now it is telling me that - There is 5 eigenvalue(s) larger than 1 in modulus for 4 forward-looking variable(s) and The rank condition ISN’T verified.
I am not sure what is the problem now since I plugged summary of equilibrium conditions.
mid.mod (1.2 KB)

4

Then you need to carefully debug why that problem arises. Maybe there is a conceptual problem when you plug in.