Newey-West Panel data

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LFC92
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Joined: Mon Feb 24, 2014 10:18 am

Newey-West Panel data

Postby LFC92 » Mon Feb 24, 2014 10:25 am

Using panel data, with fixed effects, and i have got a Durbin Watson statistic of 1.29, ie, some autocorrelation. I can control for heteroskedasticity by white standard errors, and have read online (im useless at econometrics/stats :P ) that the newey-west method can solve the issues of both heteroskedasticity and autocorrelation. My questions are a) is it possible to do this in Eviews b) if not, are there any other solutions in eviews to control for autocorrelation?
Sorry if this is in the wrong forum section/has been answered before/seems like a basic/stupid question!

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