Dear Dynare users,
We are pleased to announce the release of Dynare 4.2.4.
This is a bugfix release. It comes only a few days after the previous release,
because version 4.2.3 was affected by a critical bug (see below).
The Windows package for the new release is already available for download at
the official Dynare website <http://www.dynare.org>. The Mac and Linux packages
should follow soon.
All users are strongly encouraged to upgrade, especially those who have
installed the buggy 4.2.3 release.
The new release is compatible with MATLAB versions ranging from 7.0 (R14) to
7.13 (R2011b) and with GNU Octave versions ranging from 3.0 to 3.4.
Here is the list of the problems identified in version 4.2.3 and that have been
fixed in version 4.2.4:
* Second order approximation was broken for most models, giving incorrect
results (this problem only affects version 4.2.3, not previous versions)
* Bayesian priors with inverse gamma distribution and very small variances
were giving incorrect results in some cases
* The `model_diagnostics' command was broken
On behalf of the Dynare team,
--
Sébastien Villemot
Researcher in Economics & Debian Maintainer
http://www.dynare.org/sebastien
Phone: +33-1-40-77-49-90 - GPG Key: 4096R/381A7594
