diff --git a/doc/dynare.texi b/doc/dynare.texi
index 41fc2f19f78d6d866ca6c26cd7e965873ee9cbcc..c375316ac293f907393145a0a1717f4c96dbfc49 100644
--- a/doc/dynare.texi
+++ b/doc/dynare.texi
@@ -378,7 +378,7 @@ In order to run Dynare, you need one of the following:
 MATLAB version 7.3 (R2006b) or above;
 
 @item
-GNU Octave version 3.4.0 or above.
+GNU Octave version 3.6 or above.
 @end itemize
 
 Packages of GNU Octave can be downloaded on the
diff --git a/matlab/dynare.m b/matlab/dynare.m
index 4945844934eb90cfdb8a2c3d389bf4a3807a8843..12072a4255afe50ec82b9eb41a99d916fdc7bd69 100644
--- a/matlab/dynare.m
+++ b/matlab/dynare.m
@@ -47,8 +47,8 @@ end
 warning_config()
 
 if exist('OCTAVE_VERSION')
-    if octave_ver_less_than('3.4.0')
-        warning('This version of Dynare has only been tested on Octave 3.4.0 and above. Since your Octave version is older than that, Dynare may fail to run, or give unexpected results. Consider upgrading your Octave installation.');
+    if octave_ver_less_than('3.6.0')
+        warning('This version of Dynare has only been tested on Octave 3.6.0 and above. Since your Octave version is older than that, Dynare may fail to run, or give unexpected results. Consider upgrading your Octave installation.');
     end
 else
     if matlab_ver_less_than('7.3')