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EViews® 8 Estimation · Forecasting · Statistical Analysis Graphics · Data Management · Simulation Getting Started

EViews 8 Getting Started

EViews 8 Getting Started Copyright © 1994–2013 IHS Global Inc. All Rights Reserved ISBN: 978-1-880411-10-0 This software product, including program code and manual, is copyrighted, and all rights are reserved by IHS Global Inc. The distribution and sale of this product are intended for the use of the original purchaser only. Except as permitted under the United States Copyright Act of 1976, no part of this product may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of IHS Global Inc. Disclaimer The authors and IHS Global Inc.assume no responsibility for any errors that may appear in this manual or the EViews program. The user assumes all responsibility for the selection of the pro- gram to achieve intended results, and for the installation, use, and results obtained from the pro- gram. Trademarks EViews® is a registered trademark of IHS Global Inc. Windows, Excel, PowerPoint, and Access are registered trademarks of Microsoft Corporation. PostScript is a trademark of Adobe Corpora- tion. X11.2 and X12-ARIMA Version 0.2.7, and X-13ARIMA-SEATS are seasonal adjustment pro- grams developed by the U. S. Census Bureau. Tramo/Seats is copyright by Agustin Maravall and Victor Gomez. Info-ZIP is provided by the persons listed in the infozip_license.txt file. Please refer to this file in the EViews directory for more information on Info-ZIP. Zlib was written by Jean-loup Gailly and Mark Adler. More information on zlib can be found in the zlib_license.txt file in the EViews directory. All other product names mentioned in this manual may be trade- marks or registered trademarks of their respective companies. IHS Global Inc. 4521 Campus Drive, #336 Irvine CA, 92612-2621 Telephone: (949) 856-3368 Fax: (949) 856-2044 e-mail: sales@eviews.com web: www.eviews.com March 4, 2013

Table of Contents GETTING STARTED . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Installing EViews . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Registering EViews . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 What is Registration? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 How Do I Register? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Frequently Asked Questions about Registration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Updating Your Copy of EViews . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 WHAT’S NEW IN EVIEWS 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11 Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Performance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 General EViews Interface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Data Handling . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 Graphs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 Programming Support . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 External Interfaces . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 Econometrics and Statistics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 Compatibility Notes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28

ii—Table of Contents

Getting Started Congratulations on your purchase of EViews 8, the premier forecasting and analysis package for Windows-based computers. This guide will lead you step-by-step through the installation and registration procedure for EViews 8. (The following discussion describes the installation and registration process for single user copies of EViews and seat licenses purchased under a Volume License Program. Setting up machines to use concurrent use licenses will require a different procedure; for details, please check with your IT support department.) Installing EViews You should install EViews 8 by running the installation program contained on the CD-ROM or downloaded to your computer’s hard drive. If you are installing from the file downloaded to your computer, simple click on the “EViews8Installer.exe” or “EViews8Installer(64-bit).exe” executable program file. If installing from the EViews CD, using the “Autorun.exe” program, the EViews 8 CD installation screen is dis- played, offering several options for how to proceed. You may close this window at any time by clicking on the Exit button, by clicking on the Close Window box in the upper right-hand corner of the window, or by double clicking on the icon to the left of “EViews 8” in the title bar. You should first click on View Read Me to view any last minute changes in the installation or operating instruc- tions. To start the installation process, click on Install EViews and follow the instructions. First, you will be prompted to read and accept the License Agreement, and to designate a directory into which you wish to install your copy of EViews. If you wish to change

2— Getting Started the default installation directory, click on Browse and navigate to the desired direc- tory. Click on Next to continue. Next, you will be asked to enter a name and serial number. Single user license holders should will have been provided with a 24-character serial number, either on the back of the CD-ROM case, or in separate communication. Those of you who have obtained your copy of EViews as part of a Volume License agreement should obtain a serial number from your license administrator. Enter the serial number and your name as you wish it to appear in your copy of EViews, and click on Next. Select the components you wish to install and click on Next. Lastly, you will be asked about setting up a Start Menu folder containing shortcuts to the EViews example files folder and the EViews program executable. Clicking on Next starts the actual installation of files onto your computer. You should note that as part of the installation procedure, EViews will prompt you to register files with the extensions .WF1, .PRG, .EDB, .AIPZ, and .UIPZ. If these extensions are already registered, possibly by an earlier version of EViews, you will be prompted to allow EViews 8 to override the existing registration. Registering the extensions is not required, will allow you to double-click on files with these extensions to launch EViews 8. Once the installation procedure is completed, click on Finish. If you have elected to create it, the EViews Start Menu folder will open. To launch EViews, double-click on the EViews 8 icon. Subsequently, you may launch EViews using the shortcut on your desktop or by select- ing EViews from the Start Menu shortcuts, if present, by double-clicking on EViews regis- tered file types, or by navigating to the EViews installation directory and double-clicking on the EViews icon. Registering EViews What is Registration? To use EViews 8 on a specific computer, you must first register the program using the serial number obtained with your purchase or obtained from your license administrator. EViews registration is the one-time process of assigning a serial number to a specific machine, send- ing a unique machine ID number to IHS Global Inc., and writing some information to your Windows registry or Mac application support directory. This is a simple process that can be performed in a few seconds. The first time EViews is run on a new machine, you will be prompted to register your copy for that machine. On a Windows machine, you may choose to do so immediately, or you can put off registration to a later date, but you must register the copy within 30 days of installa- tion. If you delay registration, you will be prompted to register the copy every time you launch EViews. After 30 days, an unregistered copy of EViews will no longer run.

Registering EViews—3 The EViews single user and standalone licenses allow for a single individual to have exclusive use of copies of EViews residing on multiple machines, or for multiple users to have exclusive access to a copy of EViews residing on a single machine. For example, a single user may install and register EViews on his or her office computer, home computer and a laptop com- puter, provided that the use of EViews is exclusive. Note, specifically, that the license terms do not allow two users to share copies of the same license of EViews residing on two machines. To facilitate the legitimate use of EViews on multiple machines, we allow each EViews single user serial number (one beginning with “80A”) or standalone serial number (one beginning with “80S”) to be used in registering up to three machines. If you have exceptional circum- stances which require registration on additional machines, please contact our office. Under the terms of the EViews Volume License agreement, “80C” (volume) license serial numbers may not be used to register multiple machines. Each volume licensed machine run- ning EViews must be assigned a distinct serial number. Thus, licensing an office computer, home computer and laptop computer of a single user will require three distinct Volume License serial numbers. Once registered on a given machine, EViews will run indefinitely. The copy of EViews may be uninstalled and reinstalled on a registered machine, updated, or moved to a different directory without reregistering the copy for that machine. In the special case where a machine’s hard disk is wiped clean, but no other changes are made to the system, you may simply reregister your copy of EViews. Note that in this circumstance, reregistration on the machine will not count as an additional registration. If an entire machine or a machine’s hard disk is replaced, you should contact our office to unregister your previous installation prior to reregistering. How Do I Register? Before starting the registration process, you should first locate your EViews serial number. You most likely will need to enter this number into EViews during the registration proce- dure. Next, you should launch EViews as described above.

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