Dear all, I received the following error message when trying to run a DSGE model. I guess it’s may because of the timing or colinearity but I don’t know how to fix it. Can anybody help me with this problem? Thank you in advance.
There are 10 eigenvalue(s) larger than 1 in modulus
for 7 forward-looking variable(s)
The rank condition ISN’T verified (5.6 KB)