What's New in TSP 4.4

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New in TSP 4.4

TSP 4.4 was released in 5/1997. If you are a user of a version of TSP before 4.3, or bought 4.3 before the summer of 1996, you should also look at the new in 4.3 page as well. The changes to TSP 4.4 page has a detailed chronological list of the changes made to TSP 4.4, up to the release of TSP 4.5.


WHAT'S NEW

Bundled visual interface utility, TSP through the Looking Glass. Windows 95 and NT versions include TSP through the Looking Glass 1.10 while Windows 3.1 includes TLG 1.01.

Regression output has been improved by adding more default tests and P-values. The new diagnostics are a general purpose heteroskedasticity test LMHET, the Shapiro-Wilk normality test, Ramsey's RESET test, and a "deviance" R-squared for Probit and Logit.

ML PROC: A powerful enhancement to the maximum likelihood procedure (ML) that allows you to evaluate the log likelihood function in a TSP procedure (PROC) rather than as a single equation.

The PANEL procedure has been enhanced to handle panels with missing values, lags, and leads. A new PANEL option has been added to FREQ in order to facilitate future language development in the handling of PANEL data. The Durbin-Watson and LMHET diagnostics have been added to PANEL.

The instrumental variable procedures (INST, 3SLS, GMM) have been revised to speed up computation in the case where there are large numbers of instruments and observations.

Long variables names (up to 64 characters) are now allowed.

A new VERT option has been added to MMAKE that stacks the matrices or series vertically.

FORM (VARPREF=<prefix>) can be used to give the coefficients in the created equation names formed by concatenating <prefix> with the variable name.

New integrated installer installs both TSP, TSP through the Looking Glass with an option to install the TSP examples library as well.

Also, many features were added to 4.3 in the last year and a half since it was first released. If you were an early upgrader you may want to look at the new in TSP 4.3 page to see what enhancements have been made since the date you ordered.

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	Bundled visual interface utility, TSP through the Looking Glass. Windows 95 and NT versions include TSP through the Looking Glass 1.10 while Windows 3.1 includes TLG 1.01.
	Regression output has been improved by adding more default tests and P-values. The new diagnostics are a general purpose heteroskedasticity test LMHET, the Shapiro-Wilk normality test, Ramsey's RESET test, and a "deviance" R-squared for Probit and Logit.
	ML PROC: A powerful enhancement to the maximum likelihood procedure (ML) that allows you to evaluate the log likelihood function in a TSP procedure (PROC) rather than as a single equation.
	The PANEL procedure has been enhanced to handle panels with missing values, lags, and leads. A new PANEL option has been added to FREQ in order to facilitate future language development in the handling of PANEL data. The Durbin-Watson and LMHET diagnostics have been added to PANEL.
	The instrumental variable procedures (INST, 3SLS, GMM) have been revised to speed up computation in the case where there are large numbers of instruments and observations.
	Long variables names (up to 64 characters) are now allowed.
	A new VERT option has been added to MMAKE that stacks the matrices or series vertically.
	FORM (VARPREF=<prefix>) can be used to give the coefficients in the created equation names formed by concatenating <prefix> with the variable name.
	New integrated installer installs both TSP, TSP through the Looking Glass with an option to install the TSP examples library as well.