The update from 8.0 or 8.1 to 8.2 is on a CD with the new executables, examples and procedures and updated PDF documentation. If you have a current update subscription, we will be sending your update automatically (by post). If you have version 8.x but don't have an update subscription, you can either buy the update subscription (which will give you all updates through version 9.0) which would start you with version 8.2 or you can buy the single update to 8.2 for $25. Updates to 8.2 from versions of RATS before 8.0 include a new set of printed manuals as well if you choose boxed product rather than electronic delivery.
This new version has almost twenty full new example programs, and dozens of new and updated procedures. The biggest improvements have been in the handling of procedures, with a new ability to set more than one "search" path for procedures, allowing you to have an experimental or local collection while leaving the originals unchanged, and an "Update Procedures" menu item which will pull updated procedures off our web site. Among the other changes:
- expanded graphing capabilities including the ability to specify an exact graph size, an easier way to graph arrays of series, and a new instruction for automatically saving graphs
- new options on SUMMARIZE that make it easier to examine non-linear functions of estimated parameters, including non-linear estimation parameters, and to use numerical rather than analytical derivatives to deal with functions for which RATS has no analytical derivatives
- a new option on FIND for doing grid searches, which is particularly useful for threshold models
- support for some additional multivariate GARCH models, as well as more flexible handling of asymmetric effects
- a new "Cointegration Tests" wizard
- two new variable types for more flexible handling of vectors
To order an update on-line, go to https://www.estima.com/shopcart/webordercart_rats_update.shtml. If you have version 8 and would like to order an update subscription, go to https://www.estima.com/shopcart/webordercart_update_subs.shtml
