EViews Training: Creating Workfiles
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Questions and Answers

What is the cross-section ID in the given example?

  • Series
  • Quarterly
  • Date
  • State (correct)
  • What type of data is contained in the Excel file (Time_series.xls)?

  • Cross-sectional data
  • Financial data
  • Panel data
  • Time series data (correct)
  • How do you create a workfile by importing data?

  • Click File → Open → Foreign Data as Workfile (correct)
  • Click File → Import → Data
  • Click File → Export → Workfile
  • Click File → New → Workfile
  • What happens when you open the Excel file in EViews?

    <p>The Excel Read dialog appears</p> Signup and view all the answers

    What is the frequency of the data in the example?

    <p>Quarterly</p> Signup and view all the answers

    What is the series ID in the example?

    <p>Date</p> Signup and view all the answers

    What is the purpose of the Frequency Conversion feature?

    <p>To convert low frequency data to high frequency data</p> Signup and view all the answers

    What is the destination page in the Frequency Conversion example?

    <p>Monthly page</p> Signup and view all the answers

    What do you need to do to convert quarterly GDP data to monthly data?

    <p>Right-click on GDP series and select Copy</p> Signup and view all the answers

    What happens when you convert quarterly frequency to monthly frequency?

    <p>The data becomes less aggregated</p> Signup and view all the answers

    Study Notes

    EViews Workfiles

    • EViews main operating principles involve creating workfiles, which are placeholders for EViews objects.
    • A workfile must be created, and it can contain one or more workfile pages, each with its own objects.

    Creating a Workfile

    • To create a new workfile, you can either create a "blank" workfile or create a workfile by reading from a foreign source.
    • To create a workfile, you need to describe the structure of your data, which determines how many observations (rows) every series in the workfile page contains.
    • There are three general types of workfile structure: dated, unstructured/undated, and balanced panel.

    Creating a Workfile by Describing its Structure

    • A simple workfile with one page has one structure type, but multiple page workfiles can have different structures.
    • To create a new workfile, click File > New > Workfile, and then specify the general structure type, date specification, and workfile name and first page (optional).

    Creating a Dated Workfile

    • To create a workfile with dated data, select the "Dated-regular frequency" structure type and specify the frequency and start and end dates.
    • EViews creates a dated workfile with the specified frequency and dates.

    Creating an Undated Workfile

    • To create a workfile with undated data, select the "Unstructured/Undated" structure type and specify the number of observations.
    • EViews creates an undated workfile with the specified number of observations.

    Creating a Workfile From a Foreign Data Source

    • EViews can create a new workfile by opening data from a variety of formats, including Excel, HTML, CSV, ASCII, RATS, Stata, SPSS, and SAS.
    • Simply open the file in EViews, and the application will automatically recognize the format and structure of the file.
    • You can open a file in EViews by dragging and dropping it into the main EViews window or by clicking File > Open > Foreign Data as Workfile.

    Frequency Conversion

    • EViews allows you to easily convert lower frequency data to higher frequency data.
    • To convert lower frequency data to higher frequency data, open the workfile, right-click on the series, and select Copy, and then paste it into the destination page.

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    Quiz Team

    Description

    Learn how to create and set up workfiles in EViews, including structuring and reading from foreign sources. Understand EViews main operating principles and objects.

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