Hi all,

by preprocessing DSGE-MODEL, this problem met.

however, equation in my research is not wrong and correctly setting.

In fact, similar model under other paper says it can processed.

So that, what matter prevent processing my model?

file is under.

jpdat.mod (19.9 KB) jpmodel.mod (9.1 KB)

```
Using 64-bit preprocessor
Starting Dynare (version 4.6.2).
Calling Dynare with arguments: none
Starting preprocessing of the model file ...
Substitution of endo lags >= 2: added 2 auxiliary variables and equations.
ERROR: There are 53 equations but 52 endogenous variables!
error: Dynare: preprocessing failed
error: called from
dynare at line 282 column 5
```