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st: xtabond2


From   San K <[email protected]>
To   [email protected]
Subject   st: xtabond2
Date   Mon, 1 Nov 2010 13:47:39 +1100

Hi,
I never used Stata but trying to understand what the consultant did. I
can't get hold him anymore.


He ran a model as follows:

xtabond2 l(0/1).lconsSum l(0/2).
waitedAvgPrice MortgageToIncome restrictionsL2 RainAvg HotAvg EvaAvg numDays,
gmmstyle(lconsSum, laglimits(3 4) equation(diff))
ivstyle(L2.MortgageToIncome restrictionsL2 RainAvg L2.HotAvg L2.EvaAvg
numDays, equation(diff))
gmmstyle(lconsSum, laglimits(4 4) equation(level))
twostep ar(3) robust

Can anyone kind enough to explain the above code please?

Regards,
San
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