Dear Kit. Thank you very much for your kind reply. I appreciate that.
Indeed I am quite familiar with your papers.
Please allow me to briefly clarify the following: I have an
unbalanced panel with 10361 obs, 1039 firms and T is 17 (UK listed
non financial firms). That error message previously reported referred
to a lag specification t-2 t-5; however, even with a more
parsimonious specification with lags t-2 - t-3 as instruments the
error message still crops up:
xtabond2_mata(): 3900 unable to allocate real <tmp>[35360,749]
<istmt>: - function returned error
Also, please let me clarify that I am running a GMM-SYS not a DIFF.
The xtabond2 however is just one of the manifestations of the
"contiguous memory" problem.
It becomes an issue again when, for instance, I try to work with all
Compustat firms.
Thank you again for your comments
Kind regards
R
At 13:22 07/11/2006, you wrote:
Others have suggested technical tweaks to your computer. I would
suggest that if you are trying to create 1049 GMM Instruments in
xtabond2, you probably want to rethink your strategy. If your T is
double-digit, letting xtabond2 (or any implementation of Arellano-
Bond) make all the possible instruments is a very bad idea. Use the
lags suboption to control how far back it goes to generate
instruments -- in my own work lags 3-5 are usually enough. Allowing
xtabond2 to use lags 3-17 is a recipe for disaster, even if you don't
run into problems with XP's memory mismanagement.
For comparison, an Apple xServe with 6 Gb RAM -- a "last-generation"
machine, not one of the new Intel Macs -- is running Stata as a 32-
bit app (due to the operating system) although the machine is 64-bit.
The next release of Mac OS X will allow 'true' 64-bit apps (as
Solaris or some Linuxes do). On that machine, I can get away with
set mem 2250m
with no problem.
Kit Baum, Boston College Economics
http://ideas.repec.org/e/pba1.html
An Introduction to Modern Econometrics Using Stata:
http://www.stata-press.com/books/imeus.html
On Nov 7, 2006, at 2:33 AM, Roberto wrote:
This is a huge issue as I cannot run the xtabond2 estimations I need
to, since the system runs out of memory:
xtabond2_mata(): 3900 unable to allocate real <tmp>[35360,1049]
<istmt>: - function returned error
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Dr. Roberto Mura
Lecturer in Finance
The Manchester Accounting & Finance Group
Manchester Business School
University of Manchester
Crawford House, Oxford Road
Manchester
M13 9PL
UK
Room M37
tel: +44 (0) 161 275 0120
fax: +44 (0) 161 275 4023
home page: http://www.personal.mbs.ac.uk/roberto-mura/
e-mail: [email protected]
[email protected]
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