hi, I am working on a model with limited-participation with two sector.
But the result its indeterminacy due to rank failure:
There are 9 eigenvalue(s) larger than 1 in modulus
for 9 forward-looking variable(s)
The rank condition ISN’T verified!
print_info (line 48)
Blanchard Kahn conditions are not satisfied:
indeterminacy due to rank failure.
The eigenvalue(s) match the forward-looking variable(s), But it still fails.
When I turn off one sector, It turns out to work right.
Could anyone give me a hand?
limited.mod (6.89 KB)