Starting Dynare (version 6.1). Calling Dynare with arguments: none Starting preprocessing of the model file ... Found 8 equation(s). Evaluating expressions... Computing static model derivatives (order 1). Normalizing the static model... Finding the optimal block decomposition of the static model... 2 block(s) found: 1 recursive block(s) and 1 simultaneous block(s). the largest simultaneous block has 7 equation(s) and 7 feedback variable(s). Computing dynamic model derivatives (order 1). Normalizing the dynamic model... Finding the optimal block decomposition of the dynamic model... 2 block(s) found: 1 recursive block(s) and 1 simultaneous block(s). the largest simultaneous block has 7 equation(s) and 7 feedback variable(s). Preprocessing completed. Preprocessing time: 0h00m00s.