Starting Dynare (version 6.2).
Calling Dynare with arguments: none
Starting preprocessing of the model file ... 
Found 11 equation(s). 
Evaluating expressions... 
Computing static model derivatives (order 1). 
Normalizing the static model... 
Normalization failed with cutoff, trying symbolic normalization... 
Finding the optimal block decomposition of the static model... 
6 block(s) found: 
  5 recursive block(s) and 1 simultaneous block(s). 
  the largest simultaneous block has 3 equation(s) 
                                 and 3 feedback variable(s). 
Computing dynamic model derivatives (order 1). 
Normalizing the dynamic model... 
Finding the optimal block decomposition of the dynamic model... 
3 block(s) found: 
  2 recursive block(s) and 1 simultaneous block(s). 
  the largest simultaneous block has 3 equation(s) 
                                 and 3 feedback variable(s). 
Preprocessing completed. 
Preprocessing time: 0h00m00s.