I had received recent comments regarding Eviews 9 unable to show CUSUM and CUSUMsq stability charts after the estimation of ARDL. Which is illustrated in here.. Note you can get eviews 9 here by filling the request form.
In this blog I will show how we can generate these stability charts. If you follow from the previous ARDL blog and come up to following stage where you have already estimated the ARDL model and going further for the F bounds test.
Here you can press the view button and press representations like in picture below
It will show the equation form and the representation which this ARDL is using in the background. here you have to highlight the estimation equation and copy it like in the image below.
then go in Object option above and then new object and then press OK for equation as new object. Here it will ask about equation specification paste the estimation equation which you copied earlier and press OK. It will show the same ARDL output in OLS format here.
From here press the view button and go in stability diagnostics and press Recursive Estimates (OLS only).. You will get following options.
here select the CUSUM test and press OK to get the CUSUM chart for the ARDL and then do it again for CUSUM sq. This way you can generate your CUSUM and CUSUMsq charts, which were not there in the default package as compared to the Microfit outcome shown here..
Note: The new update of Eviews has enabled users to generate CUSUM charts directly.