diff --git a/NEWS.md b/NEWS.md index f5c42e3e4cd4f3cceaf313d690177f555bfef816..31ce65efe4e8e9e9e1a9fd299a27a600a1ce3016 100644 --- a/NEWS.md +++ b/NEWS.md @@ -1,3 +1,55 @@ +Announcement for Dynare 5.2 (on 2022-11-21) +=========================================== + +We are pleased to announce the release of Dynare 5.3. + +This maintenance release fixes various bugs. + +The Windows, macOS and source packages are already available for download at +[the Dynare website](https://www.dynare.org/download/). + +All users are strongly encouraged to upgrade. + +This release is compatible with MATLAB versions ranging from 8.3 (R2014a) to +9.13 (R2022b), and with GNU Octave version 7.3.0 (under Windows). + +Note for macOS users with an Apple Silicon processor, and who are also MATLAB +users: the official MATLAB version for use on those processors is still the +Intel version (running through Rosetta 2), so the official Dynare package for +download on our website is built for Intel only. However, since Mathworks has +released a beta version of MATLAB for Apple Silicon, we created a beta package +of Dynare that you can try with it. See this forum thread for more details: +https://forum.dynare.org/t/testers-wanted-release-of-dynare-5-x-beta-for-apple-silicon-m1-m2-chips/20499 + +Here is a list of the problems identified in version 5.2 and that have been +fixed in version 5.3: + +* The `notmpterms` option of the `dynare` command would trigger a crash if the `block` option of the `model` block was used +* When the `use_dll` option was passed to the `model` block, the operator `abs` in the `model` block incorrectly returned only the integer part of the absolute value +* Problems with OccBin (`estimation` and `occbin_solver`): + + the piecewise linear Kalman filter (PKF) could crash if the model solution could not be computed for a parameter draw + + the piecewise linear Kalman filter (PKF) could crash mode finding if an error was encountered + + the piecewise linear Kalman filter (PKF) would crash in the one-constraint case if the fixed point algorithm did not converge + + the smoother could crash due to the initial states being empty and when encountering errors + + the smoother fields of `oo_` contained wrong results if the piecewise linear Kalman smoother did not converge + + in pathological cases, seemingly periodic solutions were incorrectly accepted as true solutions +* Problems related to Bayesian or ML estimation: + + `mh_recover` and `load_mh_file` would not find the saved proposal density and had to rely on the `_mode`-file + + `load_results_after_load_mh` would not find the location of the `_results`-file + + When requesting `bayesian_irf` together with `loglinear`, the resulting IRFs would be incorrect + + the diffuse Kalman smoother initialization (`lik_init=3`) was wrong when the state transition matrix contained a column of zeros + + the diffuse Kalman smoother initialization (`lik_init=3`) was wrong when the shock covariance matrix was not diagonal +* Problems with perfect foresight simulations (`perfect_foresight_solver`-command): + + when solving purely forward or backward models with the PATH solver (`solve_algo=10`), specified `mcp`-tags were ignored + + the `linear_approximation`-option would ignore the `nocheck`-option for not checking the correctness of the steady state + + in the presence of a steady state file or a `steady_state_model`-block, the contents of the last `initval` or `endval`-block would be ignored and replaced by a steady state +* The `identification` and `dynare_sensitivity`-commands would not pass a `graph_format`-option to other subsequent commands +* Problems with sensitivity analysis (`dynare_sensitivity` command) + + stability mapping incorrectly imposed a parameter limit of 52 + + prior sampling did not work with when a user specified `prior_trunc=0` +* `dynare++`: the `dynare_simul.m` would not run +* The `model_diagnostics`-command would not work with `block_trust_region`-algorithms (`solve_algo=13,14`) + Announcement for Dynare 5.2 (on 2022-07-27) ===========================================