[1177] Command `generate` fails

On a fresh install, running these commands fails:

vue init nuxt/starter test
cd test
npm install
npm run generate

The npm run generate command displays:

> my-project2@1.0.0 generate /xxx/nuxt/test
> nuxt generate

  nuxt:generate Generating... +0ms
  nuxt:build App root: /xxx/nuxt/my-project2 +17ms
  nuxt:build Generating /xxx/nuxt/my-project2/.nuxt files... +0ms
  nuxt:build Generating files... +11ms
  nuxt:build Generating routes... +6ms
  nuxt:build Building files... +22ms
  build [==================  ] 91%Hash: c110b22c9c3c8c39ad20
Version: webpack 3.4.1
Time: 8837ms
             Asset    Size  Chunks             Chunk Names
server-bundle.json  227 kB          [emitted]

ERROR in ./node_modules/nuxt/node_modules/babel-loader/lib?{"presets":["vue-app"],"babelrc":false,"cacheDirectory":false}!./node_modules/nuxt/node_modules/vue-loader/lib/selector.js?type=script&index=0!./pages/index.vue
Module not found: Error: Can't resolve '~components/Logo.vue' in '/xxx/nuxt/my-project2/pages'
 @ ./node_modules/nuxt/node_modules/babel-loader/lib?{"presets":["vue-app"],"babelrc":false,"cacheDirectory":false}!./node_modules/nuxt/node_modules/vue-loader/lib/selector.js?type=script&index=0!./pages/index.vue 20:0-40
 @ ./pages/index.vue
 @ ./.nuxt/router.js
 @ ./.nuxt/index.js
 @ ./.nuxt/server.js

I don't know why, maybe it's not related to this package, and maybe I have done something wrong.