Dear Dynare friends,
We are pleased to announce the release of Dynare 7.1. This maintenance
release fixes various bugs.
The Windows, macOS, MATLAB Online and source packages are available for
download at the Dynare website [1]. This release is compatible with
MATLAB versions ranging from 9.8 (R2020a) to 26.1 (R2026a), and with
GNU Octave versions ranging from 8.4.0 to 11.1.0 (NB: the Windows
package requires version 11.1.0 specifically).
Here is a list of the problems identified in version 7.0 and that have
been fixed in version 7.1:
*
Heterogeneity:
Complementarity conditions present in the model(heterogeneity=…)
block
were interpreted with the wrong sign (i.e. the sign opposite to what
the
documentation says).
Aggregate variables that only appeared in the heterogeneous model
block
were not detected as present in the model.
*
The conditional_forecast command on an estimated model would not
correctly
update the parameter vector.
*
OccBin:
With two constraints, OccBin would crash if max_check_ahead_periods
option is finite.
The PKF smoother would crash if the decision rules need to be
recomputed.
The relaxation algorithm would crash if a parameter draws produced a
single-period binding regime.
Shock decomposition would crash if the smoother entered a periodic
regime loop.
*
The contemp_reduced_form option of the sbvar command was broken.
*
In a shock_paths block, the syntax self.EXOGENOUS_NAME would not
work
when referring an exogenous variable declared in a previous
shock_paths
block.
As a reminder, the list of new features introduced in versions 7.x can
be found in the release notes for
7.0 [2].
On behalf of the Dynare Team,
--
Sébastien Villemot
Economist at CEPREMAP
Co-leader of the Dynare project
https://sebastien.villemot.name
[1] the Dynare website https://www.dynare.org/download/
[2] release notes for 7.0
https://www.dynare.org/new-dynare-release/dynare-7.0-released/
