Dear Pro. Pfeifer,
I built a model for the residential investment with credit shock and house demand shock. But the code seems have some problem. Actually when I ran the code firstly it was OK. But after I made some adjustment for the parameter value or something else, the code could’t work anymore. I checked once more and feel there’s no timing problem in the code.
Could you help me?
Thanks!
There are 10 eigenvalue(s) larger than 1 in modulus
for 9 forward-looking variable(s)
The rank condition ISN’T verified!
Error using print_info (line 42)
Blanchard Kahn conditions are not satisfied: no stable equilibrium
sti.mod (5.54 KB)