DynareOBC v2.00.1419

This releases introduces a major change to the core algorithm used to solve the LCP. In essence, rather than trying repeated brute force approaches at progressively longer horizons, DynareOBC now more carefully analyses the M matrix, permitting it to use a non-brute force approach most of the time.

Additionally, this release introduces the new estimation approach, which uses an Extended Skew T (EST) distribution to approximate the distribution of the state. The EST approximation should better capture the skewness and kurtosis introduced by occasionally binding constraints.

This release also updates the approach for detecting VC redistributables, to one that is hopefully more robust. You may be asked to update your VC redistributables after upgrading to this release.