Betahat is a Windows based econometrics and economic modeling package that uses state of the art algorithms used by analysts to estimate, simulate, and forecast.  Betahat is used by government agencies, businesses, and universities around the world.  Some of the unique features that differentiate Betahat from other econometric software programs are its advanced simulation and model handling features, a dual mode interface (both menu and command mode), and robust methods for reading data and models.  Betahat is used for single equation estimation and forecasting, and large multiequation macroeconometric models.

Betahat runs under Windows and uses many of the familiar user interface devices such as spreadsheets, dialog boxes, and pull down menus. The length of time the average user spends between the installation of the program and the time when the first model is estimated and simulated is very small. One of the key objectives of the program is for the focus of the users attention to be on the research project at hand, not on the computational tool being used.

 

What's New

May 15, 2010

Version 7.0 of Betahat is released.  Changes include

  1. Added ability to save the residuals from all equations in a simulation with a single option. These residuals can then be used to compute the shocks in a stochastic simulation.
  2. Added ability for Monte Carlo simulations to save solution path information.
  3. Added more convergence information in the simulation results.
  4. Allow tab delimited files for PRN format.
  5. In addition to placing the results in the Results tab, after running STATS, some of the statistics are available via command mode to be used in equations or transformations. The ones that are available are SUM, MIN, MAX, MEAN, MEANABSVAL (mean of the absolute value), VARIANCE, STDDEV, STDDEVM and MEDIAN.
  6. New simulation switch CrossSection.  With this option Betahat does not try to replace a variable with an endogenous variable if cross section data and the variable has a lag (with cross sectional data the lagged data is not the same concept).
  7. Added conditional case simulations.
  8. On the spreadsheet tab there is a new command "Go To Row", and you can now search data by row or column.
  9. On the Graphics tab there is a new graphics engine.
  10. Added 2 methods for performing stochastic simulations where there are fewer observations in history then there are equations.
  11. The degrees of freedom for unit root testing has changed from N-K to N.
 
July 21, 2005

New demo of version 6.0.

 
May 26, 2005

Version 6.0 of Betahat is released. 

 


We also provide a history of the changes to Betahat if you would like to see what features have been added to Betahat since you purchased your copy.