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Sophisticated Data
Management
Powerful
analytic
tools are only useful if you can easily work
with your data.
EViews provides the widest range of data
management tools available in
any econometric software. From its extensive
library of mathematical,
statistical, date, string, and time series
operators and functions, to
comprehensive support for numeric, character,
and date data, EViews
offers the data handling features you’ve come
to expect from modern
statistical software.
Extensive Function
Library
EViews
includes an extensive library of
functions
for working with data. In addition to standard
mathematical and
trigonometric functions, EViews provides
functions for descriptive
statistics, cumulative and moving statistics,
by-group statistics,
special functions, specialized date and time
series operations,
workfile, value map, and financial
calculations.
EViews also provides random number generators
(Knuth, L'Ecuyer or
Mersenne-Twister), density functions and
cumulative distribution
functions for eighteen different
distributions.These may be used in
generating new series, or in calculating
scalar and matrix expressions.
Sophisticated
Expression Handling
EViews'
powerful tools
for expression handling
mean that you can use expressions virtually
anywhere you would use a
series. You don't have to create new variables
to work with the
logarithm of Y, the moving average of W, or
the ratio of X to Y (or any
other valid expression). Instead, you can use
the expression in
computing descriptive statistics, as part of
an equation or model
specification, or in constructing graphs.
When you forecast using an equation with an
expression for the
dependent variable, EViews will (if possible)
allow you to forecast the
underlying dependent variable and will adjust
the estimated confidence
interval accordingly. For example, if the
dependent variable is
specified as LOG(G), you can elect to forecast
either the log or the
level of G, and to compute the appropriate,
possibly asymmetric,
confidence interval.
Links, Formulas and
Values Maps
Link objects
allow you to create series that link to data
contained in other
workfiles or workfile pages. Links allow you
to combine data at
different frequencies, or match merge in data
from a summary page into
an individual page such that the data is
dynamically updated whenever
the underlying data change. Similarly, within
a workfile, formulas can
be assigned to data series so that the data
series are automatically
recalculated whenever the underlying data is
modified.
Value labels (e.g., "High", "Med", "Low",
corresponding to 2, 1, 0) may
be applied to numeric or alpha series so that
categorical data can be
displayed with meaningful labels. Built-in
functions allow you to work
with either the underlying or the mapped
values when performing
calculations.
Data Structures and
Types
EViews
can handle complex
data structures, including regular and
irregular dated data, cross-section data with
observation identifiers, and dated and undated
panel data.
In addition to numerical data, an EViews
workfile can also contain alphanumeric
(character string) data, and series
containing dates, all of which may be
manipulated using an extensive library of
functions.
EViews also provides a wide range of tools for
working with datasets
(workfiles), data including the ability to
combine series by complex
match merge criteria and workfile
procedures for changing the
structure of your data: join, append, subset,
resize, sort, and reshape
(stack and unstack).
File Import and Export
Exchanging
data with other programs is easy, since EViews
reads and writes over 20 popular data formats
(including Excel, formatted and unformatted
ASCII/Text, SPSS, SAS
(transport), Stata, SPSS, Html,
Microsoft Access, Gauss Dataset,
Rats, GiveWin/PC Give, TSP, Aremos, dBase,
Lotus, and binary files).
Simply drag-and-drop your foreign file onto
EViews and your data will
automatically appear in an EViews workfile. Or
use the easy-to-use
dialogs and wizards to cutomize the importing
of your data.
EViews Databases
EViews
provides sophisticated built-in database
features.
An EViews database is a collection of EViews
objects maintained in a
single file on disk. It need not be loaded
into memory in order to
access an object inside it, and the objects in
the database are not
restricted to being of a single frequency or
range. EViews databases
offer powerful query features which can be
used to search through the
database for a particular series or select a
set of series with a
common property.
Series contained in EViews databases may be copied (fetched)
into a workfile, or they may be accessed and
used
by EViews procedures without being fetched
into workfiles. In both
cases, EViews will automatically perform
frequency conversion if
necessary. Automatic search capabilities allow
you to specify a list of
databases to be searched when a series you
need cannot be found in the
current workfile.
Frequency Conversion
When
you
import data from a database or from another
workfile or workfile
page, it is automatically converted to the
frequency of your current
project.
EViews offers many options for frequency
conversion,
and includes support for the conversion of
daily, weekly, or
irregular-frequency data. Series may be
assigned a preferred conversion
method, allowing you to use different methods
for different series
without having to specify the conversion
method every time a series is
accessed.
You can even create links so that the
frequency converted data series
are automatically recalculated whenever the
underlying data is modified.
© Copyright 2015 IHS Global Inc.
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