This camcorder shoots in two modes: DVCAM, a professional mode that may not interface well with Premiere Elements, and DV, which I assume is the equivalent of standard miniDV, a consumer tape-based format. (Note that this is an 11 year old camcorder.)
In any event, Adobe no longer supports tape-based FireWire capture in Premiere Elements.
However, if you are using a PC, you can capture your video with the free download WinDV and the video will be compatible with Premiere Elements. If you are on a Mac, you can capture your video with iMovie.
Neither 14 (latest version) or 13, which you have, has the DV HDV Capture Firewire into Premiere Elements Capture Window feature (if that is what you seek).
The last version to have this feature is Premiere Elements 12/12.1.
Have you seen the Adobe document with its suggested workarounds for this situation?
Besides the WinDV already mentioned, you could consider HDVSplit for the HDV data capture firewire and importing the captures into the Premiere Elements project - since you already have said that you are using Windows 7.
In case you need it, the link for the already mentioned WinDV is WinDV
Ok. WinDV it is. Thank you very much for your reply's.
Thanks for the follow up with your decision on the capture workflow. Appreciated.
Any questions or need clarification on your Premiere Elements workflows, please do not hesitate to ask.