Matrix is close to singular value, or scaling error

Steady state
1

dear all:
I can’t find the steady state of my model. Could you help me?
oceansink.mod (8.1 KB)
myfunction.m (120 Bytes)

Using 64-bit preprocessor
Starting Dynare (version 4.6.4).
Calling Dynare with arguments: none
Starting preprocessing of the model file …
Found 39 equation(s).
Evaluating expressions…done
Computing static model derivatives (order 1).
Computing dynamic model derivatives (order 1).
Processing outputs …
done
Preprocessing completed.

Randomize initial guess…
DYNARE_SOLVE (solve_algo=2|4): number of blocks = 9
DYNARE_SOLVE (solve_algo=2|4): solving block 8, of size 1
DYNARE_SOLVE (solve_algo=2|4): solving block 7, of size 1
DYNARE_SOLVE (solve_algo=2|4): solving block 6, of size 1
DYNARE_SOLVE (solve_algo=2|4): solving block 5, of size 1
DYNARE_SOLVE (solve_algo=2|4): solving block 4, of size 1
DYNARE_SOLVE (solve_algo=2|4): solving block 3, of size 1
DYNARE_SOLVE (solve_algo=2|4): solving block 2, of size 32

Can you please explain what this means and what I can do about it? Thank you so much!

2

Your initial values cannot be sequentially computed. r depends on lamda2, which is only computed later.

3

thanks professor!there must be something wrong with equations,i will check it soon!

4

dear professor,i modified the codes but still have problems.why still remains NaNs?

Using 64-bit preprocessor
Starting Dynare (version 4.6.4).
Calling Dynare with arguments: none
Starting preprocessing of the model file …
Found 41 equation(s).
Evaluating expressions…done
Computing static model derivatives (order 1).
Computing dynamic model derivatives (order 1).
Processing outputs …
done
Preprocessing completed.

MODEL_DIAGNOSTICS: The steady state cannot be computed
MODEL_DIAGNOSTICS: Steady state contains NaNs

Residuals of the static equations:

Equation number 1 : NaN : lamda
Equation number 2 : 0 : 2
Equation number 3 : NaN : 3
Equation number 4 : 0 : 4
Equation number 5 : 0 : q
Equation number 6 : NaN : k
Equation number 7 : NaN : wstar
Equation number 8 : NaN : f1
Equation number 9 : NaN : f2
Equation number 10 : NaN : 10
Equation number 11 : NaN : pistar
Equation number 12 : NaN : g1
Equation number 13 : NaN : g2
Equation number 14 : 0 : 14
Equation number 15 : 0 : vp
Equation number 16 : NaN : mc
Equation number 17 : NaN : wl
Equation number 18 : NaN : r
Equation number 19 : NaN : u
Equation number 20 : NaN : em
Equation number 21 : NaN : emcost
Equation number 22 : 0 : ce
Equation number 23 : 0 : y1
Equation number 24 : 0 : y2
Equation number 25 : NaN : omega
Equation number 26 : NaN : Xat
Equation number 27 : NaN : Xup
Equation number 28 : NaN : Xlo
Equation number 29 : NaN : F
Equation number 30 : NaN : Tat
Equation number 31 : NaN : Tlo
Equation number 32 : NaN : en
Equation number 33 : NaN : y
Equation number 34 : NaN : 34
Equation number 35 : 0 : 35
Equation number 36 : NaN : a
Equation number 37 : NaN : as
Equation number 38 : 0 : 38
Equation number 39 : 0 : 39
Equation number 40 : 0 : 40
Equation number 41 : 0 : g
oceansink.mod (8.3 KB)
myfunction.m (120 Bytes)

how can i do next? thanks,professor!