diff --git a/matlab/imcforecast.m b/matlab/imcforecast.m
index 5b86d16e1..17587ade1 100644
--- a/matlab/imcforecast.m
+++ b/matlab/imcforecast.m
@@ -118,11 +118,7 @@ if estimated_model
     trend = trend(oo_.dr.order_var,:);
     InitState(:,1) = atT(:,end);
 else
-    if isempty(M_.endo_histval)
-        InitState(:,1) = zeros(M_.endo_nbr,1);
-    else
-        InitState(:,1) = M_.endo_histval(oo_.dr.order_var) - oo_.steady_state(oo_.dr.order_var);
-    end        
+    InitState(:,1) = zeros(M_.endo_nbr,1);
     trend = repmat(oo_.steady_state(oo_.dr.order_var),1,options_cond_fcst.periods+1);
     graph_title='Calibration';
 end