diff --git a/DESCRIPTION b/DESCRIPTION
index 4a8a7af..c5bb5bf 100644
--- a/DESCRIPTION
+++ b/DESCRIPTION
@@ -1,6 +1,6 @@
 Package: bayesianVARs
 Title: MCMC Estimation of Bayesian Vectorautoregressions
-Version: 0.1.3.9000
+Version: 0.1.4
 Authors@R: c(
     person("Luis", "Gruber", , "Luis.Gruber@aau.at", role = c("cph", "aut", "cre"),
            comment = c(ORCID = "0000-0002-2399-738X")),
diff --git a/NEWS.md b/NEWS.md
index 6134bdc..1c703ba 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,4 +1,4 @@
-# bayesianVARs (development version)
+# bayesianVARs 0.1.4
 
 * For consistency with other functions, from now on prior_intercept in bvar() specifies standard deviations instead of variances.
 * Bug fix concerning 'additional check' valgrind. Seems to pass the check now. Thanks to Brian Ripley for reporting the bug.