EViews.com

Hi all,

I have to estimate a regression with 12 countries over 40 quarters. I've got a dated pool. If better, I could also make a dated panel data set.

I have an OLS estimation with Coef covariance method white period and cross-section fixed effects.
Now I want to implement quarterly effects, not period fixed effects.
I used @expand(@quarter, @drop(1)). The problem, Eviews take only quater 2, 3 and 4... note 39 quaters
-> how can I "tell" Eviews that it should estimate quarterly effects for 39 quarters?

THANKS for your help!!

Do you mean there are only three dummy variables created or do you mean that the dummy variables only have values for the first three quarters?

Hi,

there are only three dummies created. I got @quarter-2, @quarter-3 and @quarter-4
I want dummies for quarter 2,3,...,40. For each quarter in all years, excluded the first quarter in my regression.

THANKS!

Hi,

there are only three dummies created. I got @quarter-2, @quarter-3 and @quarter-4
I want dummies for quarter 2,3,...,47. For each quarter in all years, excluded the first quarter in my regression.

THANKS!

If you have quarterly data and you want a dummy for each quarter, then those are period fixed effects.

Hi,

thanks for your very fast reply :)

I've tried already period fixed effects. It works and I get no error message. But I wanted period fixed effects but not for quarter 1. I want to exlude the first quarter. Is this possible?

THANKS

I suspect that EViews is already dropping one period, but I'm not sure about that.

In any event, you might try

The built in effects are deviations from mean. The regression is the same. If you really want the non-deviation form you can use Startz's suggestion.