New in EViews 12

EViews Interface and Programming

• New open text based file format.
• Markdown language support for output.
• Miscellaneous improvements.

Data Handling

• DBNomics database API support.
• Organisation for economic co-operation and development (OECD) database API support.
• Improvements to SDMX and EIA database interfaces.
• Miscellaneous Improvements

New Graph, Table and Geomap Features

• Shade-by-sample, allowing easier shading.
• Animated graphs and geomaps.
• X-Y errors bars.
• Miscellaneous Improvements

Econometrics and Statistics

Estimation

• Variable selection methods: LASSO and Auto-Search/GETS.
• Indicator saturation - automatic outlier and structural break detection.
• Fractionally integrated GARCH models (FIGARCH and FIEGARCH).
• Elastic Net, Ridge and LASSO enhancements.
• Panel clustered covariances.
• Mixed Frequency (MIDAS) enhancements.
• Functional Coefficient Enhancements.

Testing and Diagnostics

• Impulse response enhancements, including bootstrapped covariances.
• Cross-Sectionally dependent panel unit root tests (Second Generation Tests).
• Factor Selection Methods
• Wavelet decompositions.
• Elastic Net, Ridge and LASSO enhancements.
• GARCH diagnostics: News impact curves, sign-bias tests, stability tests.

Models

• Solve control for target.
• Algebraically switching endogenous and exogenous variables.
• Dependencies.