I know this question has been asked before but I'm not sure if it has for Eviews8 which is the version I am using.
I am using panel data with a Fixed Effects approach
Does E Views 8 have a simple test for serial correlation and Heteroskedasticity assuming an OLS approach ?
Any responses gratefully received (I have almost completed the final draft of my thesis and this is the last thing to do).
John
P.S. up until now I have relied on visual inspection of the residuals for autocorrelation. For heteroskedasticity I have used the 'fudge' of having the data in a non-panel form as well and using dummy variables and then applying a White Test.
Serial Correation & Heteroskedasticity
Moderators: EViews Gareth, EViews Moderator
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EViews Gareth
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Re: Serial Correation & Heteroskedasticity
It does not. Was there a test you had in mind?
Re: Serial Correation & Heteroskedasticity
Dear Garreth
Pg. 280 "Panel data analysis using eviews" by I Gusti Ngura Agung (Published by Wiley, 2014) recommends applying Newey west option instead of White as the former is consistent with "Heteroskedasticity and autocorrelation of unknown form" in panel data.
Could u please let me know how do I enable Newey-west option in Eviews 8??
:D Thanks in advance :D
Pg. 280 "Panel data analysis using eviews" by I Gusti Ngura Agung (Published by Wiley, 2014) recommends applying Newey west option instead of White as the former is consistent with "Heteroskedasticity and autocorrelation of unknown form" in panel data.
Could u please let me know how do I enable Newey-west option in Eviews 8??
:D Thanks in advance :D
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EViews Gareth
- Fe ddaethom, fe welon, fe amcangyfrifon
- Posts: 13585
- Joined: Tue Sep 16, 2008 5:38 pm
Re: Serial Correation & Heteroskedasticity
EViews does not have Newey West standard errors for panels
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