Dear Dynare users and friends, We are pleased to announce the release of Dynare 4.5.1. This is a bug fix release. The Windows packages are already available for download at: http://www.dynare.org/download/dynare-stable The Mac and GNU/Linux packages (for Debian and Ubuntu LTS) should follow soon. This release is compatible with MATLAB versions 7.3 (R2006b) to 9.2 (R2017a) and with GNU Octave versions 4.2. Here is a list of the problems identified in version 4.5.0 and that have been fixed in version 4.5.1: - Fixed out of memory issue with simpsa optimization algorithm. - Added missing plots for measurement errors with `generate_trace_plot` command. - Posterior moments after MCMC for very big models were not correctly computed and their plotting might crash Dynare. - Results of the posterior conditional variance decomposition after MCMC were not correctly computed. - Options `use_shock_groups` and `colormap` of the `shock_decomposition` command were not working. - Added a clean error message if sensitivity toolbox is used with recursive estimation. - Computation of posterior filtered variables was crashing in models with only one variable. - Fixed various typos and errors in the reference manual. On behalf of the Dynare Team Stéphane. -- Stéphane Adjemian Dynare Team