The system may contain cross equation restrictions and autoregressive errors of any order. VAR impulse response functions feature standard errors calculated either analytically or by monte carlo methods and may be displayed in a variety of graphical and tabular formats. Unbalanced or balanced data sets with unlimited length time series and up to several hundred cross sections are easily analyzed. Estimation options include fixed and random effect specifications for the intercept, weighted least squares, and seemingly unrelated regression, plus all of the estimators allowed for EViews system objects. Once an equation or system is estimated, you can use EViews to perform a large array of model evaluation and diagnostic tests.
Additional tests exist for specific models.
As with other object views, all hypothesis tests can be generated by a simple menu selection from an equation or system window. With EViews, you need not concern yourself about the complexities of making forecasts. You can concentrate on the substance of the forecasting problem. For single equation models, just select a menu item and EViews will compute a static or dynamic forecast with optional forecast standard errors and a graph of the 95 percent forecast confidence. Successful forecasting equations can be saved in your workfile or stored in an EViews database.