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Re: st: IV with many dummies


From   Chris Parker <[email protected]>
To   [email protected]
Subject   Re: st: IV with many dummies
Date   Mon, 2 May 2011 15:08:10 +0000

Alex,

I would try - xtivreg - or - xtivreg2 - if you have panel data. If not
try - center - to absorb the dummies yourself and then run - ivreg -.
Be sure to center all variables and adjust the degrees of freedom
afterwards.

Chris

Chris Parker

________________________________

PhD Candidate | Management Science & Operations
London Business School | Regent's Park | London NW1 4SA | United Kingdom
Direct line +44 (0)20 7000 8816 | Email [email protected]

On Mon, May 2, 2011 at 2:57 PM, Alex Kaufman <[email protected]> wrote:
>
> Hi,
>
> I want to run an instrumental variables regression with a large number
> of dummy variables (about 60,000).  Is there an "areg" version of
> ivreg?  Any other ideas about how I could do this?  If I don't absorb
> the variables the regression would take a very, very long time.
>
> Thanks a lot,
> Alex
>
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