Dynare 4.5.4 Released

Posted on 03 February 2018

We are pleased to announce the release of Dynare 4.5.4.

This is a bugfix release.

The Windows packages are already available for download at:

http://www.dynare.org/download/dynare-stable 226

The Mac and GNU/Linux packages (for Debian and Ubuntu LTS) should follow soon.

This release is compatible with MATLAB versions 7.5 (R2007b) to 9.3 (R2017b) and with GNU Octave versions 4.2.

Here is a list of the problems identified in version 4.5.3 and that have been fixed in version 4.5.4:

  • The type option of plot_shock_decomposition was always set to qoq regardless of what is specified.
  • Bug in GSA when no parameter was detected below pvalue threshold.
  • Various bug fixes in shock decompositions.
  • Bug in reading in macro arrays passed on dynare command line via the -D option.
  • Estimation with missing values was crashing if the prefilter option was used.
  • Added a workaround for a difference in behaviour between Octave and MATLAB regarding the creation of function handles for functions that do not exist in the path. With Octave 4.2.1, steady state files did not work if no auxiliary variables were created.
  • The stoch_simul command was crashing with a cryptic message if option order=3 was used without setting k_order_solver.
  • In cases where the prior bounds are infinite and the mode is estimated at exactly 0, no mode_check graphs were displayed.
  • Parallel execution of MCMC was broken in models without auxiliary variables.
  • Reading data with column names from Excel might crash.
  • The multivariate Kalman smoother was crashing in case of missing data in the observations and Finf became singular.
  • The plot_shock_decomposition command ignored various user-defined options like fig_name, use_shock_groups or interactive and instead used the default options.
  • Nested @#ifdef and @#ifndef statements don’t work in the macroprocessor.