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RE: st: Prais with vce(robust)


From   "Brian P. Poi" <[email protected]>
To   [email protected]
Subject   RE: st: Prais with vce(robust)
Date   Mon, 21 Jun 2010 15:01:36 -0500 (CDT)

On Sat, 19 Jun 2010 18:28:46 -0500 Thomas Jacobs wrote:

I am trying to perform regressions with prais and the vce(robust)
option as per the manual.  Yet, I keep getting an error that the
option is not allowed:

. prais IISBasis TenYrTreasLiq TBillRepo3Mspread TIPS_Share
Bank_CDS_5Y SPF10YR if TenorYr==2, vce(robust)
option vce() not allowed
r(198);

It works fine without it:

. prais IISBasis TenYrTreasLiq TBillRepo3Mspread TIPS_Share
Bank_CDS_5Y SPF10YR if TenorYr==2


This is a bug in the Stata 11 version of -prais-. Option 'vce()' should be allowed; the command is just not parsing it correctly.

We will get this fixed in an upcoming adofile update.

   -- Brian Poi
   -- [email protected]

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