function [result,info] = check % function result = check % checks determinacy conditions by computing the eigenvalues % % INPUTS % none % % OUTPUTS % result [integer] scalar, equal to 1 if the derterministic steady state satisfies BK conditions. % % SPECIAL REQUIREMENTS % none % Copyright (C) 2001-2008, 2010 Dynare Team % % This file is part of Dynare. % % Dynare is free software: you can redistribute it and/or modify % it under the terms of the GNU General Public License as published by % the Free Software Foundation, either version 3 of the License, or % (at your option) any later version. % % Dynare is distributed in the hope that it will be useful, % but WITHOUT ANY WARRANTY; without even the implied warranty of % MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the % GNU General Public License for more details. % % You should have received a copy of the GNU General Public License % along with Dynare. If not, see . global M_ options_ oo_ if options_.block || options_.bytecode error('CHECK: incompatibility with "block" or "bytecode" option') end temp_options = options_; tempex = oo_.exo_simul; if ~options_.initval_file & M_.exo_nbr > 1 oo_.exo_simul = ones(M_.maximum_lead+M_.maximum_lag+1,1)*oo_.exo_steady_state'; end options_.order = 1; [dr, info] = resol(oo_.steady_state,1); oo_.dr = dr; if info(1) ~= 0 & info(1) ~= 3 & info(1) ~= 4 print_info(info, options_.noprint); end oo_.exo_simul = tempex; eigenvalues_ = dr.eigval; nyf = nnz(dr.kstate(:,2)>M_.maximum_endo_lag+1); [m_lambda,i]=sort(abs(eigenvalues_)); n_explod = nnz(abs(eigenvalues_) > options_.qz_criterium); result = 0; if (nyf== n_explod) && (dr.rank == nyf) result = 1; end if options_.noprint == 0 disp(' ') disp('EIGENVALUES:') disp(sprintf('%16s %16s %16s\n','Modulus','Real','Imaginary')) z=[m_lambda real(eigenvalues_(i)) imag(eigenvalues_(i))]'; disp(sprintf('%16.4g %16.4g %16.4g\n',z)) disp(sprintf('\nThere are %d eigenvalue(s) larger than 1 in modulus ', n_explod)); disp(sprintf('for %d forward-looking variable(s)',nyf)); disp(' ') if dr.rank == nyf & nyf == n_explod disp('The rank condition is verified.') else disp('The rank conditions ISN''T verified!') end disp(' ') end options_ = temp_options;