diff --git a/HISTORY.rst b/HISTORY.rst
index 3ba9a8c..9645f63 100644
--- a/HISTORY.rst
+++ b/HISTORY.rst
@@ -3,6 +3,10 @@
 History
 -------
 
+v0.8.0 (2018-03-XX)
+...................
+* fix type annotation for ``inherit_config`` #139
+
 v0.7.1 (2018-02-07)
 ...................
 * fix bug with ``create_model`` modifying the base class
diff --git a/Makefile b/Makefile
index 017eb5d..63fa384 100644
--- a/Makefile
+++ b/Makefile
@@ -3,7 +3,7 @@
 .PHONY: install
 install:
 	pip install -U setuptools pip
-	pip install -r requirements.txt
+	pip install -U -r requirements.txt
 	pip install -U .
 
 .PHONY: isort
diff --git a/docs/requirements.txt b/docs/requirements.txt
index 8b0dc6a..1a3cca7 100644
--- a/docs/requirements.txt
+++ b/docs/requirements.txt
@@ -1,4 +1,4 @@
 docutils==0.14
 Pygments==2.2.0
-Sphinx==1.7.1
+Sphinx==1.7.2
 sphinxcontrib-websupport==1.0.1
diff --git a/pydantic/version.py b/pydantic/version.py
index b98dfcb..14054d8 100644
--- a/pydantic/version.py
+++ b/pydantic/version.py
@@ -2,4 +2,4 @@ from distutils.version import StrictVersion
 
 __all__ = ['VERSION']
 
-VERSION = StrictVersion('0.7.1')
+VERSION = StrictVersion('0.8.0')
diff --git a/tests/requirements.txt b/tests/requirements.txt
index 50154ec..cf6122c 100644
--- a/tests/requirements.txt
+++ b/tests/requirements.txt
@@ -4,7 +4,7 @@ isort==4.3.4
 mypy==0.560
 pycodestyle==2.3.1
 pyflakes==1.6.0
-pytest==3.4.1
+pytest==3.5.0
 pytest-cov==2.5.1
 pytest-isort==0.1.0
 pytest-mock==1.7.1