r/econometrics • • 8d ago

GetStatMate update: unit root tables, CBN data, and help with your methodology chapter

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The most frequently provided user feedback was "help me with Chapter 3, not just Chapter 4".

Most users will struggle to select and defend an approach, so that's what this next update will focus on.
What's new: Select your variables, click "test" and it will run the ADF test in level and first difference. It will tell you I(0), I(1), or I(2), and what that means for your model. Word friendly version. One click conversions. Log, first difference, % change, lag. For anything non-stationary there is a 'Use Δ' button. Built-in CBN data. 43 series: inflation MPR exchange rate reserves money supply, GDP growth, etc., yearly quarterly or monthly. You see the years you can select before you select them. Method suggestion: It considers your data and informs you whether OLS, logit, or a time-series model is more appropriate, and why. I also fixed a bug where the stationarity test was selecting too many lags on short annual samples and was producing incorrect results.

It now selects lags in the same manner as EViews. Not there yet: the ARDL bounds test and panel data.

Both are coming soon. Still free, no sign-up.

If you try it out and get a result that seems off, in the long-term or in the statistics, please comment.

Try it : https://getstatmate.com

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