I would be using such software to run multiple regressions using macroeconomics variables as independent variables to estimate other macroeconomic ones as single dependent variables.
I need to be able to run robust regressions including Weighted Least Squares(to resolve heteroskedasticity), Feasible Generalized Least Squares (to resolve autocorrelation of residuals). If using a regular regression, bypassing such models, would need to be able to run heteroskedastic resistant and/or autocorrelation resistant Standard Errors. Probably could also use having access to ARCH and GARCH models.
I am not a computer programmer, coder, Visual Basic expert. I am just a pretty good power user of regular Excel functions and its Add-ins programs. Thus, I am interested in something very user friendly with a menu or window interface that would not be too difficult to pick up.
Because of my ease of use requirements, I have no interest in SAS. Preliminarily, talking to a few economists they seem to gravitate towards EViews. I also hear good stuff about Stata. I sense EViews is a bit easier to use. But, Stata may be a bit more powerful. I hear SPSS is pretty good. But, I sense for econometrics models it probably would come as a distant second vs either EViews or Stata. I also hear a bit about Microfit.
Do you have any experience with those programs? Can you give me some insights regarding their respective trade offs? What would you recommend? Is there another program I should consider?