Dear Dynare friends,

We are pleased to announce the release of Dynare 4.3.1. This release adds a few minor features and fixes various bugs.

The Windows and Mac packages are already available for download at:

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

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

All users are strongly encouraged to upgrade.

The new release is compatible with MATLAB versions ranging from 7.0 (R14) to 8.0 (R2012b) and with GNU Octave versions ranging from 3.2 to 3.6.

Here is the list of the main user-visible changes:

* New features in the user interface:

- New `@#ifndef' directive in the macro-processor

- Possibility of simultaneously specifying several output formats in the `graph_format' option

- Support for XLSX files in `datafile' option of `estimation' and in `initval_file'

* Bugs and problems identified in version 4.3.0 and that have been fixed in version 4.3.1:

- Shock decomposition was broken

- The welfare computation with `ramsey_policy' was buggy when used in conjunction with `histval'

- Estimation of models with both missing observations and measurement errors was buggy

- The option `simul_replic' was broken

- The macro-processor directive `@#ifdef' was broken

- Identification with `max_dim_cova_group > 1' was broken for specially degenerate models (when parameter theta has pairwise collinearity of one with multiple other parameters, i.e. when all couples (theta,b), (theta,c), ... (theta,d) have perfect collinearity in the Jacobian of the model)

- The `parallel_test' option was broken

- Estimation with correlated shocks was broken when the correlations were specified in terms of correlation and not in terms of co-variance

- The Windows package was broken with MATLAB 7.1 and 7.2

- When using `mode_compute=0' with a mode file generated using `mode_compute=6', the value of option `mh_jscale' was not loaded

- Using exogenous deterministic variables at 2nd order was causing a crash

- The option `no_create_init' for the `ms_estimation' command was broken

- Loading of datafiles with explicit filename extensions was not working

- The preprocessor had a memory corruption problem which could randomly lead to crashes

On behalf of the Dynare Team,