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function [result,info] = check(M, options, oo)
% Checks determinacy conditions by computing the generalized eigenvalues.
%@info:
%! @deftypefn {Function File} {[result,info] =} check (@var{M},@var{options},@var{oo})
%! @anchor{check}
%! @sp 1
%! Checks determinacy conditions by computing the generalized eigenvalues.
%! @sp 2
%! @strong{Inputs}
%! @sp 1
%! @table @ @var
%! @item M
%! Matlab's structure describing the model (initialized by dynare).
%! @item options
%! Matlab's structure describing the options (initialized by dynare).
%! @item oo
%! Matlab's structure gathering the results (initialized by dynare).
%! @end table
%! @sp 2
%! @strong{Outputs}
%! @sp 1
%! @table @ @var
%! @item result
%! Integer scalar equal to one (BK conditions are satisfied) or zero (otherwise).
%! @item info
%! Integer scalar, error code as returned by @ref{resol}.
%! @end table
%! @sp 2
%! @strong{This function is called by:}
%! @sp 1
%! @ref{smm_objective}
%! @sp 2
%! @strong{This function calls:}
%! @sp 1
%! @ref{resol}
%! None.
%! @end deftypefn
%@eod:
% Copyright (C) 2001-2011 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 <http://www.gnu.org/licenses/>.
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;
if isempty(options.qz_criterium)
options.qz_criterium = 1+1e-6;
end
oo.dr=set_state_space(oo.dr,M);
[dr,info,M,options,oo] = resol(1,M,options,oo);
oo.dr = dr;
if info(1) ~= 0 && info(1) ~= 3 && info(1) ~= 4
print_info(info, options.noprint);
end
eigenvalues_ = dr.eigval;
if (options.block)
nyf = dr.nyf;
else
nyf = nnz(dr.kstate(:,2)>M.maximum_endo_lag+1);
end;
[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
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