Starting Dynare (version 4.4.3).
Starting preprocessing of the model file ...
Found 8 equation(s).
Evaluating expressions...done
Computing static model derivatives:
- order 1
- order 2
- derivatives of Jacobian/Hessian w.r. to parameters
Computing dynamic model derivatives:
- order 1
- order 2
- derivatives of Jacobian/Hessian w.r. to parameters
Processing outputs ...done
Preprocessing completed.
Starting MATLAB/Octave computing.
STEADY-STATE RESULTS:
y 2.36641
c 1.86078
k 20.2251
h 0.94351
e_a 0
e_b 0
y_obs 2.36641
h_obs 0.94351
Residuals of the static equations:
Equation number 1 : 0
Equation number 2 : 0
Equation number 3 : 0
Equation number 4 : 0
Equation number 5 : 0
Equation number 6 : 0
Equation number 7 : 0
Equation number 8 : 0
==== Identification analysis ====
Testing prior mean
The number of moments with non-zero derivative is smaller than the number of parameters
Try increasing ar = 2
warning: division by zero
warning: called from
lyapunov_symm at line 172 column 12
getJJ at line 59 column 9
identification_analysis at line 92 column 38
dynare_identification at line 280 column 93
Ferroni_2 at line 178 column 1
dynare at line 180 column 1
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
The number of moments with non-zero derivative is smaller than the number of parameters
Try increasing ar = 3
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
The number of moments with non-zero derivative is smaller than the number of parameters
Try increasing ar = 4
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
The number of moments with non-zero derivative is smaller than the number of parameters
Try increasing ar = 5
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
The number of moments with non-zero derivative is smaller than the number of parameters
Try increasing ar = 6
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
The number of moments with non-zero derivative is smaller than the number of parameters
Try increasing ar = 7
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
The number of moments with non-zero derivative is smaller than the number of parameters
Try increasing ar = 8
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
The number of moments with non-zero derivative is smaller than the number of parameters
Try increasing ar = 9
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
The number of moments with non-zero derivative is smaller than the number of parameters
Try increasing ar = 10
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
warning: division by zero
The number of moments with non-zero derivative is smaller than the number of parameters