Version 7 will bring many improvements but also a few potentially breaking changes. We most strongly encourage you to modify your own code to comply with the new version in advance of its release. Relying on an older version of Dynare to run your own code may seem like a gain of time in the short term but will lead to more problems later. Note also that possible bugs found later in version 6 won't be fixed in that version. We expect users to run version 7 after its release.
Version 7 will bring many improvements but also a few potentially breaking changes. We most strongly encourage you to modify your own code to comply with the new version in advance of its release. Relying on an older version of Dynare to run your own code may seem like a gain of time in the short term but will lead to more problems later. Note also that possible bugs found later in version 6 won't be fixed in that version. We expect users to run version 7 after its release.
# New default value for prior_trunc
The `prior_trunc` option of `estimation` has a new default value of 0, i.e., by default there is no prior truncation. To restore the old behavior, you can set `prior_trunc=1e-10`.
# Removed commands and options
# Removed commands and options
The `mode_compute=11` option of `estimation` has been removed. The Liu and West (2001) online filter is now triggered using `posterior_sampling_method='online'` option.
The `mode_compute=11` option of `estimation` has been removed. The Liu and West (2001) online filter is now triggered using `posterior_sampling_method='online'` option.
