Starting Dynare (version 6.0). Calling Dynare with arguments: nostrict Starting preprocessing of the model file ... Found 57 equation(s). Evaluating expressions... Computing static model derivatives (order 1). Normalizing the static model... Normalization failed with cutoff, trying symbolic normalization... Finding the optimal block decomposition of the static model... 23 block(s) found: 18 recursive block(s) and 5 simultaneous block(s). the largest simultaneous block has 22 equation(s) and 22 feedback variable(s). Computing dynamic model derivatives (order 1). Normalizing the dynamic model... Normalization failed with cutoff, trying symbolic normalization... Could not normalize the dynamic model. Variable r is not in the maximum cardinality matching. Preprocessing completed. Preprocessing time: 0h00m00s. [Warning: Some of the parameters have no value (theta) when using steady. 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.] Residuals of the static equations: Equation number 1: 1 : 0.066080 Equation number 2: C : -0.989023 Equation number 3: L_eff : -5.095689 Equation number 4: L_T : -0.072000 Equation number 5: L_N : 0.072000 Equation number 6: W : 0.000000 Equation number 7: C_T : NaN Equation number 8: C_N : NaN Equation number 9: Y_T : -3.234372 Equation number 10: Y_N : -4.364083 Equation number 11: Q_T : 0.000000 Equation number 12: W_T : 0.017418 Equation number 13: W_N : 0.005664 Equation number 14: rK_T : -0.023694 Equation number 15: rK_N : -0.076006 Equation number 16: I_P_T : 0.000000 Equation number 17: I_P_N : 0.000000 Equation number 18: I_P : 0.000000 Equation number 19: IC_T : 0.150000 Equation number 20: IC_N : -0.900000 Equation number 21: I_T : -0.050000 Equation number 22: I_N : 0.000000 Equation number 23: K_T : 0.208000 Equation number 24: K_N : 0.208000 Equation number 25: K : 0.000000 Equation number 26: KI : 1.154053 Equation number 27: rK : -0.001053 Equation number 28: T : -2.696909 Equation number 29: T_O : 0.000000 Equation number 30: G : -0.085884 Equation number 31: IG : -0.095600 Equation number 32: KG : 0.230005 Equation number 33: B : -0.223909 Equation number 34: RF : 0.000250 Equation number 35: SIF : -1.194200 Equation number 36: J : 0.100000 Equation number 37: KC : -0.060000 Equation number 38: 38 : 1.154053 Equation number 39: X : 0.122823 Equation number 40: M : -0.020000 Equation number 41: CA : 0.000000 Equation number 42: DW : 0.000000 Equation number 43: PR_W : -0.026658 Equation number 44: r_W : -0.010000 Equation number 45: 45 : -8.917418 Equation number 46: 46 : 0.057227 Equation number 47: Y : 0.000000 Equation number 48: 48 : 0.000000 Equation number 49: 49 : 0.000000 Equation number 50: 50 : 0.000000 Equation number 51: 51 : 0.000000 Equation number 52: L : 0.000000 Equation number 53: IC : 0.250000 Equation number 54: CG : 0.000000 Equation number 55: DD : -0.048984 Equation number 56: 56 : 0.000000 Equation number 57: phi_t : -0.032703