Starting Dynare (version 5.1). Calling Dynare with arguments: none Starting preprocessing of the model file ... Found 14 equation(s). Evaluating expressions...done Computing static model derivatives (order 1). Computing dynamic model derivatives (order 1). Processing outputs ... done Preprocessing completed. -------------------------------------------------------- MODEL SIMULATION: Iter: 1, err. = 2.43931, time = 0.0520248 Iter: 2, err. = 69481.3, time = 0.0588531 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 3, err. = 69481.3, time = 0.0381699 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 4, err. = 69481.3, time = 0.042717 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 5, err. = 69481.3, time = 0.0366669 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 6, err. = 69481.3, time = 0.0370102 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 7, err. = 69481.3, time = 0.0417023 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 8, err. = 69481.3, time = 0.0391159 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 9, err. = 69481.3, time = 0.0379715 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 10, err. = 69481.3, time = 0.0348969 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 11, err. = 69481.3, time = 0.0469284 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 12, err. = 69481.3, time = 0.0421219 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 13, err. = 69481.3, time = 0.0340118 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 14, err. = 69481.3, time = 0.0353851 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 15, err. = 69481.3, time = 0.0337448 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 16, err. = 69481.3, time = 0.0328369 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 17, err. = 69481.3, time = 0.0345917 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 18, err. = 69481.3, time = 0.0334549 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 19, err. = 69481.3, time = 0.0452271 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 20, err. = 69481.3, time = 0.0342865 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 21, err. = 69481.3, time = 0.0322723 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 22, err. = 69481.3, time = 0.0329132 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 23, err. = 69481.3, time = 0.0359268 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 24, err. = 69481.3, time = 0.0404663 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 25, err. = 69481.3, time = 0.0378952 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 26, err. = 69481.3, time = 0.0424805 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 27, err. = 69481.3, time = 0.0344238 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 28, err. = 69481.3, time = 0.0386581 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 29, err. = 69481.3, time = 0.0448227 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 30, err. = 69481.3, time = 0.0336609 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 31, err. = 69481.3, time = 0.0336838 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 32, err. = 69481.3, time = 0.0323334 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 33, err. = 69481.3, time = 0.0335007 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 34, err. = 69481.3, time = 0.0329666 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 35, err. = 69481.3, time = 0.0319519 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 36, err. = 69481.3, time = 0.0434036 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 37, err. = 69481.3, time = 0.0357437 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 38, err. = 69481.3, time = 0.0337982 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 39, err. = 69481.3, time = 0.0332489 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 40, err. = 69481.3, time = 0.0318527 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 41, err. = 69481.3, time = 0.034996 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 42, err. = 69481.3, time = 0.0349503 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 43, err. = 69481.3, time = 0.0337448 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 44, err. = 69481.3, time = 0.0380783 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 45, err. = 69481.3, time = 0.0403366 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 46, err. = 69481.3, time = 0.043045 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 47, err. = 69481.3, time = 0.0384598 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 48, err. = 69481.3, time = 0.0327072 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 49, err. = 69481.3, time = 0.0331726 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Iter: 50, err. = 69481.3, time = 0.0336456 warning: matrix singular to machine precision warning: called from lin_solve at line 193 column 3 sim1 at line 126 column 12 perfect_foresight_solver_core at line 99 column 68 perfect_foresight_solver at line 63 column 5 driver at line 256 column 1 dynare at line 281 column 5 Total time of simulation: 2.06718. Maximum number of iterations is reached (modify option maxit). -------------------------------------------------------------- Simulation of the perfect foresight model failed!Switching to a homotopy method... Iter. | Lambda | status | Max. residual ++++++++++++++++++++++++++++++++++++++++++++++++++++++++ 1 | 0.50000 | failed | 6.948134e+04 2 | 0.25000 | failed | 6.948134e+04 3 | 0.12500 | failed | 6.948134e+04 4 | 0.06250 | failed | 6.948134e+04 5 | 0.03125 | failed | 6.948134e+04 6 | 0.01562 | failed | 6.948134e+04 7 | 0.00781 | failed | 6.948134e+04 8 | 0.00391 | failed | 6.948134e+04 9 | 0.00195 | failed | 6.948134e+04 10 | 0.00098 | failed | 6.948134e+04 11 | 0.00049 | failed | 6.948134e+04 12 | 0.00024 | failed | 6.948134e+04 13 | 0.00012 | failed | 6.948134e+04 14 | 0.00006 | failed | 6.948134e+04 15 | 0.00003 | failed | 6.948134e+04 16 | 0.00002 | failed | 6.948134e+04 ++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Failed to solve perfect foresight model Total computing time : 0h00m34s Note: warning(s) encountered in MATLAB/Octave code