Thursday, December 11, 2014

New Features in EViews 9 (Beta)

When you get a chance to check out the "beta" release of EViews 9 (which current users can download from here), you'll find lots of new features.

Many of these relate to the Eviews interface, data handling, and graphs and tables. And then (of course) there are lots of new Econometrics goodies! To summarize them, under the headings used in the documentation:

• Automatic ARIMA forecasting of a series
• Forecast evaluation and combination testing
• Forecast averaging
• VAR Forecasting

• Autoregressive Distributed Lag regression (ARDL) with automatic lag selection
• ML and GLS ARMA estimation
• ARFIMA models
• Pooled mean group estimation of panel data ARDL models
• Threshold regression
• New optimization engine

Testing and Diagnostics
• Unit root tests with a structural break
• Cross-section Dependence Tests
• Panel Effects Tests

I just had to highlight ARDL models. My earlier posts on these models (here and here) attracted a lot of readers, and many questions and comments.

I've been promising a follow-up post on this topic for some time. You can guess why I've been holding off, and what one of my upcoming posts will be about!

© 2014, David E. Giles

Two Non-Problems!

I just love Dick Startz's "byline" on the EViews 9 Beta Forum

"Non-normality and collinearity are NOT problems!"

Why do I like it so much? Regarding "normality", see here, and here. As for "collinearity": see here, here, here, and  here

© 2014, David E. Giles

EViews 9 - Beta Version

If you're an EViews user then you'll be delighted to learn that the beta version of the new EViews 9 was released this morning.

Provided that you have EViews 8.1 on your machine, you can download the beta version of this latest release from

Here's what you'll see:

There are no delays - just make sure that you know if you need the 32-bit or 64-bit version.

I've had the opportunity to play around with the alpha version of EViews 9 over the past few weeks (thanks, Gareth!), and I can assure you that there are lots of really nice goodies in store for you.

I'll be devoting a few posts to some of the new features over the next short while, so stay tuned.

© 2014, David E. Giles