There are 14 eigenvalue(s) larger than 1 in modulus for 14 forward-looking variable(s)

Hello everyone, I have tried the program many times, but I still can’t find the problem. Can anyone help me see it, thanks a lot! !! !!

Cha6hn4.mod (6.5 KB) Cha6hn4index.m (1.6 KB)
Residuals of the static equations:

Equation number 1 : 0
Equation number 2 : 0
Equation number 3 : 0
Equation number 4 : 0
Equation number 5 : 0
Equation number 6 : 0
Equation number 7 : 0
Equation number 8 : 0
Equation number 9 : 0
Equation number 10 : 0
Equation number 11 : 0
Equation number 12 : 0
Equation number 13 : 0
Equation number 14 : 0
Equation number 15 : 0
Equation number 16 : 0
Equation number 17 : 0
Equation number 18 : 0
Equation number 19 : 0
Equation number 20 : 0
Equation number 21 : 0
Equation number 22 : 0
Equation number 23 : 0
Equation number 24 : 0
Equation number 25 : 0
Equation number 26 : 0
Equation number 27 : 0
Equation number 28 : 0
Equation number 29 : 0

STEADY-STATE RESULTS:

c -1.55501
lam 2.64459
r 0.010101
R 0.010101
gh 0
kh 0.0598088
en -0.404743
l -1.61485
mu 2.96945
w 0.45542
rk 0.110101
m -0.182322
k 1.36367
i -0.938912
q 0
y -0.283957
pf 0
Pj 0
P 0
f1 3.71737
f2 3.71737
pi 0
s 0
b 1.32548
t -1.66823
v 0
g -1.89339
z 0
zh -2.45512

EIGENVALUES:
Modulus Real Imaginary

   8.686e-15        8.686e-15                0
      0.7468           0.7468                0
      0.7803            0.776          0.08107
      0.7803            0.776         -0.08107
      0.8697           0.8697                0
         0.9              0.9                0
         0.9              0.9                0
         0.9              0.9                0
         0.9              0.9                0
         0.9              0.9                0
      0.9101           0.9101                0
        1.02             1.02                0
        1.16            1.157          0.07641
        1.16            1.157         -0.07641
       1.347            1.347                0
       1.719            1.719                0
       421.2            421.2                0
   2.109e+16        2.109e+16                0
   1.388e+17       -1.388e+17                0
   8.336e+17       -8.336e+17                0
   9.545e+17        9.545e+17                0
   1.668e+18       -1.668e+18                0
   1.995e+18        1.995e+18                0
   3.935e+20       -3.935e+20                0
   1.114e+21       -1.114e+21                0

There are 14 eigenvalue(s) larger than 1 in modulus
for 14 forward-looking variable(s)

The rank condition ISN’T verified!

错误使用 print_info (line 48)
Blanchard Kahn conditions are not satisfied: indeterminacy due to rank failure
出错 stoch_simul (line 100)
print_info(info, options_.noprint, options_);
出错 Cha6hn3 (line 488)
info = stoch_simul(var_list_);
出错 dynare (line 235)
evalin(‘base’,fname) ;
出错 Cha6hn3index (line 69)
dynare Cha6hn3

  1. Your timing looks very strange. Why is the Lagrange multiplier lambda most of the time dated (-1). Similarly, the state variables do not have the typical timing as far as I can see.

Yes, I did not change the Lagrangian multiplier timing before, but the BK condition has not been met, I just want "eigenvalue (s) larger than 1 in modulus for XXX equal to forward-looking variable (s ) ", So the resulting model is very strange.
The original model does not seem to have a good solution. I can only adjust the time to see my luck. But I really don’t know which equation or variable is the problem. so helpless.
I will try not use “exp()” first, and see if things turn around.

Keep in mind: There is a unique timing convention. The question is not whether you can change the timing to make the model run, but rather which timing is the unique correct one.

Ok ! I think may be something wrong with the exp() type. Thank you very much !