You have the latest DynareOBC release. Cleaning up. Not using the mex version of spkron. Not using the mex version of ptest. Not using the mex version of AltPTest. Not using the mex version of QuickPCheck. Performing first dynare run to perform pre-processing. Configuring Dynare ... [mex] Generalized QZ. [mex] Sylvester equation solution. [mex] Kronecker products. [mex] Sparse kronecker products. [mex] Local state space iteration (second order). [mex] Bytecode evaluation. [mex] k-order perturbation solver. [mex] k-order solution simulation. [mex] Quasi Monte-Carlo sequence (Sobol). [mex] Markov Switching SBVAR. Using 64-bit preprocessor Starting Dynare (version 4.5.6). Starting preprocessing of the model file ... Preprocesser stopped after macroprocessing step because of 'onlymacro' option. Searching the pre-processed output for non-differentiable functions. Performing second dynare run to get the steady-state. Configuring Dynare ... [mex] Generalized QZ. [mex] Sylvester equation solution. [mex] Kronecker products. [mex] Sparse kronecker products. [mex] Local state space iteration (second order). [mex] Bytecode evaluation. [mex] k-order perturbation solver. [mex] k-order solution simulation. [mex] Quasi Monte-Carlo sequence (Sobol). [mex] Markov Switching SBVAR. Using 64-bit preprocessor Starting Dynare (version 4.5.6). Starting preprocessing of the model file ... WARNING: you are using a function (max, min, abs, sign) or an operator (<, >, <=, >=, ==, !=) which is unsuitable for a stochastic context; see the reference manual, section about "Expressions", for more details. Found 8 equation(s). Evaluating expressions...done Computing static model derivatives: - order 1 Computing dynamic model derivatives: - order 1 Processing outputs ... done Preprocessing completed. STEADY-STATE RESULTS: pi 0 x 0 r_nat_ann 4 pi_ann 0 p 0 i_ann 4 i_taylor 1 u 0 Total computing time : 0h00m00s Note: 1 warning(s) encountered in the preprocessor Restoring paths and globals from: C:\dynareOBC/FastStart.mat Generating the final mod file. Making the final call to dynare, as a first step in solving the full model. Configuring Dynare ... [mex] Generalized QZ. [mex] Sylvester equation solution. [mex] Kronecker products. [mex] Sparse kronecker products. [mex] Local state space iteration (second order). [mex] Bytecode evaluation. [mex] k-order perturbation solver. [mex] k-order solution simulation. [mex] Quasi Monte-Carlo sequence (Sobol). [mex] Markov Switching SBVAR. Using 64-bit preprocessor Starting Dynare (version 4.5.6). Starting preprocessing of the model file ... Found 9 equation(s). Evaluating expressions...done Computing static model derivatives: - order 1 Computing dynamic model derivatives: - order 1 Processing outputs ... done Preprocessing completed. Residuals of the static equations: Equation number 1 : 0 Equation number 2 : 0 Equation number 3 : 1 Equation number 4 : 0 Equation number 5 : 4 Equation number 6 : 0 Equation number 7 : 0 Equation number 8 : 0 Equation number 9 : 0 Cleaning up. Error using print_info (line 76) The steadystate file did not compute the steady state Error in steady (line 104) print_info(info,options_.noprint, options_); Error in dynareOBCTemp3 (line 193) Error in dynare (line 235) evalin('base',fname) ; Error in dynareOBCCore (line 460) dynare( 'dynareOBCTemp3.mod', basevarargin{:} ); Error in dynareOBCSetup (line 297) dynareOBC_ = dynareOBCCore( InputFileName, basevarargin, dynareOBC_, @() EnforceRequirementsAndGeneratePath( Update, OriginalPath, CurrentFolder, dynareOBCPath, InputFileName, varargin{:} ) ); Error in dynareOBC (line 711) dynareOBCSetup( OriginalPath, CurrentFolder, dynareOBCPath, InputFileName, varargin{:} );