Dynare forums

I'm currently trying to replicate a SMO model with WC requirements, but simplifying it by assuming that only capital is subject to these constraints. When I run my mod file, I get the following error:

Some element of Newton direction isn't finite. Jacobian maybe singular or there is a problem with initial values.

I've been trying to work around it w/o any success. Can anyone give me a hint on how to fix it?

Thanks!

i here attach the full model in case it helps

It seems you are computing the steady state analytically, but for some reason, it does not solve the model. Have you checked if the equations with residuals are correct?