Starting Dynare (version 5.1).
Calling Dynare with arguments: none
Starting preprocessing of the model file ...
WARNING: in the 'steady_state_model' block, variable 'ewma' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'epinfma' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'zcapf' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'rkf' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'kf' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'pkf' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'cf' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'invef' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'yf' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'labf' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'wf' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'rrf' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'mc' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'zcap' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'rk' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'k' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'pk' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'c' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'inve' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'y' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'lab' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'pinf' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'w' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'r' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'a' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'b' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'g' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'qs' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'ms' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'spinf' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'sw' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'kpf' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'kp' is not assigned a value
WARNING: in the 'steady_state_model' block, variable 'ff' is not assigned a value
Found 41 equation(s).
Evaluating expressions...done
Computing static model derivatives (order 1).
Computing dynamic model derivatives (order 2).
Processing outputs ...
done
Preprocessing completed.
[Warning: Some of the parameters have no value (ccs, cinvs, crdpi) when using initial_estimation_checks. If these parameters are not initialized in a
steadystate file or a steady_state_model-block, Dynare may not be able to solve the model. Note that simul, perfect_foresight_setup, and
perfect_foresight_solver do not automatically call the steady state file.]
Initial value of the log posterior (or likelihood): -477.6614
==========================================================
Change in the posterior covariance matrix = 3.9997.
Change in the posterior mean = 1.8206.
Current mode = 287.0966
Mode improvement = 190.5648
New value of jscale = 0.0083561
==========================================================
==========================================================
Change in the posterior covariance matrix = 0.12647.
Change in the posterior mean = 4.5166.
Current mode = 255.4346
Mode improvement = 31.662
New value of jscale = 0.10411
==========================================================
[Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND = 2.027694e-16.]
[> In occbin.mkdatap_anticipated_dyn (line 104)
In occbin.solve_one_constraint (line 175)
In occbin.solver (line 63)
In occbin.kalman_update_algo_1 (line 133)
In missing_observations_kalman_filter (line 235)
In dsge_likelihood (line 705)
In gmhmaxlik_core (line 154)
In gmhmaxlik (line 100)
In dynare_minimize_objective (line 336)
In dynare_estimation_1 (line 211)
In dynare_estimation (line 118)
In sw07_0719_ff.driver (line 670)
In dynare (line 281)
]
[Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND = 1.814655e-16.]
[> In occbin.mkdatap_anticipated_dyn (line 104)
In occbin.solve_one_constraint (line 175)
In occbin.solver (line 63)
In occbin.kalman_update_algo_1 (line 133)
In missing_observations_kalman_filter (line 235)
In dsge_likelihood (line 705)
In gmhmaxlik_core (line 154)
In gmhmaxlik (line 100)
In dynare_minimize_objective (line 336)
In dynare_estimation_1 (line 211)
In dynare_estimation (line 118)
In sw07_0719_ff.driver (line 670)
In dynare (line 281)
]
[Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND = 1.623999e-16.]
[> In occbin.mkdatap_anticipated_dyn (line 104)
In occbin.solve_one_constraint (line 175)
In occbin.solver (line 63)
In occbin.kalman_update_algo_1 (line 133)
In missing_observations_kalman_filter (line 235)
In dsge_likelihood (line 705)
In gmhmaxlik_core (line 154)
In gmhmaxlik (line 100)
In dynare_minimize_objective (line 336)
In dynare_estimation_1 (line 211)
In dynare_estimation (line 118)
In sw07_0719_ff.driver (line 670)
In dynare (line 281)
]
[Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND = 1.453375e-16.]
[> In occbin.mkdatap_anticipated_dyn (line 104)
In occbin.solve_one_constraint (line 175)
In occbin.solver (line 63)
In occbin.kalman_update_algo_1 (line 133)
In missing_observations_kalman_filter (line 235)
In dsge_likelihood (line 705)
In gmhmaxlik_core (line 154)
In gmhmaxlik (line 100)
In dynare_minimize_objective (line 336)
In dynare_estimation_1 (line 211)
In dynare_estimation (line 118)
In sw07_0719_ff.driver (line 670)
In dynare (line 281)
]
[Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND = 1.300676e-16.]
[> In occbin.mkdatap_anticipated_dyn (line 104)
In occbin.solve_one_constraint (line 175)
In occbin.solver (line 63)
In occbin.kalman_update_algo_1 (line 133)
In missing_observations_kalman_filter (line 235)
In dsge_likelihood (line 705)
In gmhmaxlik_core (line 154)
In gmhmaxlik (line 100)
In dynare_minimize_objective (line 336)
In dynare_estimation_1 (line 211)
In dynare_estimation (line 118)
In sw07_0719_ff.driver (line 670)
In dynare (line 281)
]
[Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND = 1.164021e-16.]
[> In occbin.mkdatap_anticipated_dyn (line 104)
In occbin.solve_one_constraint (line 175)
In occbin.solver (line 63)
In occbin.kalman_update_algo_1 (line 133)
In missing_observations_kalman_filter (line 235)
In dsge_likelihood (line 705)
In gmhmaxlik_core (line 154)
In gmhmaxlik (line 100)
In dynare_minimize_objective (line 336)
In dynare_estimation_1 (line 211)
In dynare_estimation (line 118)
In sw07_0719_ff.driver (line 670)
In dynare (line 281)
]
[Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND = 1.041724e-16.]
[> In occbin.mkdatap_anticipated_dyn (line 104)
In occbin.solve_one_constraint (line 175)
In occbin.solver (line 63)
In occbin.kalman_update_algo_1 (line 133)
In missing_observations_kalman_filter (line 235)
In dsge_likelihood (line 705)
In gmhmaxlik_core (line 154)
In gmhmaxlik (line 100)
In dynare_minimize_objective (line 336)
In dynare_estimation_1 (line 211)
In dynare_estimation (line 118)
In sw07_0719_ff.driver (line 670)
In dynare (line 281)
]
[Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND = 9.322756e-17.]
[> In occbin.mkdatap_anticipated_dyn (line 104)
In occbin.solve_one_constraint (line 175)
In occbin.solver (line 63)
In occbin.kalman_update_algo_1 (line 133)
In missing_observations_kalman_filter (line 235)
In dsge_likelihood (line 705)
In gmhmaxlik_core (line 154)
In gmhmaxlik (line 100)
In dynare_minimize_objective (line 336)
In dynare_estimation_1 (line 211)
In dynare_estimation (line 118)
In sw07_0719_ff.driver (line 670)
In dynare (line 281)
]
[Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND = 8.343264e-17.]
[> In occbin.mkdatap_anticipated_dyn (line 104)
In occbin.solve_one_constraint (line 175)
In occbin.solver (line 63)
In occbin.kalman_update_algo_1 (line 133)
In missing_observations_kalman_filter (line 235)
In dsge_likelihood (line 705)
In gmhmaxlik_core (line 154)
In gmhmaxlik (line 100)
In dynare_minimize_objective (line 336)
In dynare_estimation_1 (line 211)
In dynare_estimation (line 118)
In sw07_0719_ff.driver (line 670)
In dynare (line 281)
]
[Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND = 7.466682e-17.]
[> In occbin.mkdatap_anticipated_dyn (line 104)
In occbin.solve_one_constraint (line 175)
In occbin.solver (line 63)
In occbin.kalman_update_algo_1 (line 133)
In missing_observations_kalman_filter (line 235)
In dsge_likelihood (line 705)
In gmhmaxlik_core (line 154)
In gmhmaxlik (line 100)
In dynare_minimize_objective (line 336)
In dynare_estimation_1 (line 211)
In dynare_estimation (line 118)
In sw07_0719_ff.driver (line 670)
In dynare (line 281)
]
[Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND = 6.682198e-17.]
[> In occbin.mkdatap_anticipated_dyn (line 104)
In occbin.solve_one_constraint (line 175)
In occbin.solver (line 63)
In occbin.kalman_update_algo_1 (line 133)
In missing_observations_kalman_filter (line 235)
In dsge_likelihood (line 705)
In gmhmaxlik_core (line 154)
In gmhmaxlik (line 100)
In dynare_minimize_objective (line 336)
In dynare_estimation_1 (line 211)
In dynare_estimation (line 118)
In sw07_0719_ff.driver (line 670)
In dynare (line 281)
]
[Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND = 5.980135e-17.]
[> In occbin.mkdatap_anticipated_dyn (line 104)
In occbin.solve_one_constraint (line 175)
In occbin.solver (line 63)
In occbin.kalman_update_algo_1 (line 133)
In missing_observations_kalman_filter (line 235)
In dsge_likelihood (line 705)
In gmhmaxlik_core (line 154)
In gmhmaxlik (line 100)
In dynare_minimize_objective (line 336)
In dynare_estimation_1 (line 211)
In dynare_estimation (line 118)
In sw07_0719_ff.driver (line 670)
In dynare (line 281)
]
[Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND = 5.351835e-17.]
[> In occbin.mkdatap_anticipated_dyn (line 104)
In occbin.solve_one_constraint (line 175)
In occbin.solver (line 63)
In occbin.kalman_update_algo_1 (line 133)
In missing_observations_kalman_filter (line 235)
In dsge_likelihood (line 705)
In gmhmaxlik_core (line 154)
In gmhmaxlik (line 100)
In dynare_minimize_objective (line 336)
In dynare_estimation_1 (line 211)
In dynare_estimation (line 118)
In sw07_0719_ff.driver (line 670)
In dynare (line 281)
]
[Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND = 4.789546e-17.]
[> In occbin.mkdatap_anticipated_dyn (line 104)
In occbin.solve_one_constraint (line 175)
In occbin.solver (line 63)
In occbin.kalman_update_algo_1 (line 133)
In missing_observations_kalman_filter (line 235)
In dsge_likelihood (line 705)
In gmhmaxlik_core (line 154)
In gmhmaxlik (line 100)
In dynare_minimize_objective (line 336)
In dynare_estimation_1 (line 211)
In dynare_estimation (line 118)
In sw07_0719_ff.driver (line 670)
In dynare (line 281)
]
[Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND = 4.286334e-17.]
[> In occbin.mkdatap_anticipated_dyn (line 104)
In occbin.solve_one_constraint (line 175)
In occbin.solver (line 63)
In occbin.kalman_update_algo_1 (line 133)
In missing_observations_kalman_filter (line 235)
In dsge_likelihood (line 705)
In gmhmaxlik_core (line 154)
In gmhmaxlik (line 100)
In dynare_minimize_objective (line 336)
In dynare_estimation_1 (line 211)
In dynare_estimation (line 118)
In sw07_0719_ff.driver (line 670)
In dynare (line 281)
]
[Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND = 3.835992e-17.]
[> In occbin.mkdatap_anticipated_dyn (line 104)
In occbin.solve_one_constraint (line 175)
In occbin.solver (line 63)
In occbin.kalman_update_algo_1 (line 133)
In missing_observations_kalman_filter (line 235)
In dsge_likelihood (line 705)
In gmhmaxlik_core (line 154)
In gmhmaxlik (line 100)
In dynare_minimize_objective (line 336)
In dynare_estimation_1 (line 211)
In dynare_estimation (line 118)
In sw07_0719_ff.driver (line 670)
In dynare (line 281)
]
[Warning: Matrix is close to singular or badly scaled. Results may be inaccurate. RCOND = 3.432965e-17.]
[> In occbin.mkdatap_anticipated_dyn (line 104)
In occbin.solve_one_constraint (line 175)
In occbin.solver (line 63)
In occbin.kalman_update_algo_1 (line 133)
In missing_observations_kalman_filter (line 235)
In dsge_likelihood (line 705)
In gmhmaxlik_core (line 154)
In gmhmaxlik (line 100)
In dynare_minimize_objective (line 336)
In dynare_estimation_1 (line 211)
In dynare_estimation (line 118)
In sw07_0719_ff.driver (line 670)
In dynare (line 281)
]