negative dates (BC)

For making suggestions and/or requests for new features you'd like added to EViews.

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petfol
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Joined: Wed Jun 17, 2009 1:56 am

negative dates (BC)

Postby petfol » Thu Jul 30, 2009 6:56 am

I would find it very useful (probably I am almost alone with this), if it were possible to set years before Christ as well.

EViews Gareth
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Re: negative dates (BC)

Postby EViews Gareth » Thu Jul 30, 2009 8:21 am

Interesting.

Can I ask what sort of data you're dealing with?

Econometrics doesn't usually have data going back so far....
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petfol
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Joined: Wed Jun 17, 2009 1:56 am

Re: negative dates (BC)

Postby petfol » Fri Jul 31, 2009 4:40 am

At the moment I am working with Babylonian price data dating from 384BC. Now, in order to make graphs, I have to put everything to another software so that the dates on axis x are correct.

It may be surprising but more and more cliometrists are using Eviews. Historial economics and econometrics is a rising star now. There is even a professional econometric software already, which can handle negative dates (I do not write here which). But I would be very happy to see that Eviews can do the same.

trubador
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Re: negative dates (BC)

Postby trubador » Fri Jul 31, 2009 5:27 am

I think you should use integer dates in any case, since you may experience irregular time intervals at some point in your research. If you create an "Unstructured/undated" workfile, you can generate a series to represent the time variable for your analysis. Then you can use XY-line as the graph type, where X being the time and Y being the variable of interest.

EViews Chris
EViews Developer
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Re: negative dates (BC)

Postby EViews Chris » Fri Jul 31, 2009 1:58 pm

I have to admit I thought that we were being pretty open ended when we allowed dates back to 1 AD!

It's actually non-trivial for us to allow dates to go back further because we use values between -1.0 and 0.0 to represent the mysterious 'integer dates'. This means that extending back to allow dates before 1st Jan 1AD would require a change in the date format which could create compatibility issues between versions.

The absence of year zero would also cause us quite a few headaches. If you place a label on a graph every ten years, you're going to end up with labels like:

-11BC, -1BC, 10AD, 20AD

which are a bit odd.

For the moment, I doubt there's enough demand for BC dates to justify the resources we would needed to implement them.

In the mean time, your best bet is probably to create a series of integers ranging from -384 to whatever year your data goes forward to (remembering to skip past zero), and then tell EViews to use this is an 'id series' for the workfile (see the docs on structuring a workfile).

This will attach labels to each observation which we will use in spreadsheets and graphs.

The downside is that EViews won't understand that the labels are dates. This means the axis labelling in graphs will be less smart and that we won't be able to easily match your data against other dated data (eg. in frequency conversion).

startz
Non-normality and collinearity are NOT problems!
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Re: negative dates (BC)

Postby startz » Fri Jul 31, 2009 2:26 pm

Let me just point out that real econometricians use the terms CE and BCE, rather than AD and BC.

petfol
Posts: 7
Joined: Wed Jun 17, 2009 1:56 am

Re: negative dates (BC)

Postby petfol » Sat Aug 08, 2009 6:33 am

Thanks for the useful suggestions, I completely understand that having such functionality would finally casue more problems that it would solve.


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