diff --git a/matlab/utilities/dataset/compute_corr.m b/matlab/utilities/dataset/compute_corr.m
deleted file mode 100644
index d6469baef..000000000
--- a/matlab/utilities/dataset/compute_corr.m
+++ /dev/null
@@ -1,59 +0,0 @@
-function dataset_ = compute_corr(dataset_) 
-% Computes the correlation matrix of the sample (possibly with missing observations).
-
-%@info:
-%! @deftypefn {Function File} {@var{dataset_} =} compute_corr(@var{dataset_})
-%! @anchor{compute_corr}
-%! This function computes covariance matrix of the sample (possibly with missing observations).
-%!
-%! @strong{Inputs}
-%! @table @var
-%! @item dataset_
-%! Dynare structure describing the dataset, built by @ref{initialize_dataset}
-%! @end table
-%!
-%! @strong{Outputs}
-%! @table @var
-%! @item dataset_
-%! Dynare structure describing the dataset, built by @ref{initialize_dataset}
-%! @end table
-%! 
-%! @strong{This function is called by:} 
-%! @ref{descriptive_statistics}.
-%! 
-%! @strong{This function calls:}
-%! @ref{ndim}, @ref{compute_cova}. 
-%!    
-%! @strong{Remark 1.} On exit, a new field is appended to the structure: @code{dataset_.descriptive.corr} is a 
-%! @tex{n\times n} vector (where @tex{n} is the number of observed variables as defined by @code{dataset_.info.nvobs}).
-%!
-%! @strong{Remark 2.} If @code{dataset_.descriptive.cova} does not exist, the covariance matrix is computed prior to the 
-%! computation of the correlation matrix.
-%!    
-%! @end deftypefn
-%@eod:
-
-% Copyright (C) 2011-2012 Dynare Team
-%    
-% This file is part of Dynare.
-%
-% Dynare is free software: you can redistribute it and/or modify
-% it under the terms of the GNU General Public License as published by
-% the Free Software Foundation, either version 3 of the License, or
-% (at your option) any later version.
-%
-% Dynare is distributed in the hope that it will be useful,
-% but WITHOUT ANY WARRANTY; without even the implied warranty of
-% MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.  See the
-% GNU General Public License for more details.
-%
-% You should have received a copy of the GNU General Public License
-% along with Dynare.  If not, see <http://www.gnu.org/licenses/>.
-
-% Original author: stephane DOT adjemian AT univ DASH lemans DOT fr
-
-if ~isfield(dataset_.descriptive,'cova')
-    dataset_ = compute_cova(dataset_);
-end
-normalization_matrix = diag(1./sqrt(diag(dataset_.descriptive.cova)));
-dataset_.descriptive.corr = normalization_matrix*dataset_.descriptive.cova*normalization_matrix;
\ No newline at end of file