diff --git a/matlab/dyn_ramsey_static.m b/matlab/dyn_ramsey_static.m
index 8509c694cba0add5e152cb746879e25d503da99e..f23db49d8234174b9647c0c8d0cb5d4702b83259 100644
--- a/matlab/dyn_ramsey_static.m
+++ b/matlab/dyn_ramsey_static.m
@@ -175,7 +175,7 @@ end
 if options_.steadystate_flag
     resids = r1;
 else
-    resids = [res(orig_endo_nbr+(1:orig_endo_nbr-inst_nbr)); r1];
+    resids = [res(orig_endo_aux_nbr+(1:orig_endo_nbr-inst_nbr)); r1];
 end
 rJ = [];
 if needs_set_auxiliary_variables