We are pleased to announce the release of Dynare 4.2.5.

This is a bugfix release.

The Windows and Mac packages for the new release are already available for download at the official Dynare website http://www.dynare.org. Linux packages should follow soon.

All users are strongly encouraged to upgrade.

The new release is compatible with MATLAB versions ranging from 7.0 (R14) to 7.14 (R2012a) and with GNU Octave versions ranging from 3.0 to 3.6.

Note that GNU Octave users under Windows will have to upgrade to GNU Octave version 3.6.1 (MinGW). The Octave installer can be downloaded at:

http://www.dynare.org/octave/Octave3.6.1_gcc4.6.2_20120303-setup.exe

Here is a non-exhaustive list of the problems identified in version 4.2.4 and that have been fixed in version 4.2.5:

* The MATLAB optimization toolbox was sometimes not correctly detected even when installed

* Using the inverse gamma distribution with extreme hyperparameter values could lead to a crash

* Various issues in the accelerated deterministic solver with block decomposition

* Various issues in the parallelization engine

* Compatibility issues with the Global Sensitivity Analysis toolbox

* The Dynare++ binary was broken in the Windows package because of a missing dynamic library