Release of Dynare 4.5.5

Dear Dynare users and friends,

We are pleased to announce the release of Dynare 4.5.5.

This is a bugfix release.

The Windows packages are already available for download at:

The Mac package will follow soon.

This release is compatible with MATLAB versions 7.5 (R2007b) to 9.3 (R2018a)
and with GNU Octave versions 4.2.

Here is a list of the problems identified in version 4.5.4 and that have been
fixed in version 4.5.5:

  • Identification was crashing during prior sampling if ar was initially too

  • The align method on dseries did not return a functional second dseries

  • Predetermined variables were not properly set when used in model local

  • perfect_foresight_solver with option stack_solve_algo=7 was not working
    correctly when an exogenous variable has a lag greater than 1.

  • identification with prior_mc option would crash if the number of moments
    with non-zero derivative is smaller than the number of parameters.

  • Calling several times normcdf or normpdf with the same arguments in a
    model with block decomposition (but not bytecode) was leading to incorrect

On behalf of the Dynare Team,