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 10 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
xi_2      		 0
i_ann     		 4
i_taylor  		 1
xi_1      		 0
u         		 0
Error using print_info (line 42)
Blanchard Kahn conditions are not satisfied: no stable equilibrium
Error in stoch_simul (line 100)
    print_info(info, options_.noprint, options_);
Error in vergleich (line 207)
info = stoch_simul(var_list_);
Error in dynare (line 235)
evalin('base',fname) ;