Stata 18 offers several new features for time-series analysis. The new lpirf command estimates local projections and graphs or tabulates them with the irf suite. The new arimasoc and arfimasoc commands select the best number of autoregressive and moving-average terms. In StataNow™, the new ivsvar command estimates parameters of structural vector autoregressive models by using instrumental variables. Also in StataNow, you can use the new ivlpirf command to estimate instrumental-variables local-projection impulse–response functions to account for endogeneity in the impulse variable.
Read more about these features and see them in action:
• Local projections for impulse–response functions
• Model selection for ARIMA and ARFIMA
• Structural vector autoregressive models via instrumental variables
StataNow• Instrumental-variables local-projection impulse–response functions
StataNow• And more
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View all the new features in Stata 18.
