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st: correction for within panel serial correlation in standard errors
From
Yogesh Uppal <[email protected]>
To
[email protected]
Subject
st: correction for within panel serial correlation in standard errors
Date
Fri, 20 Apr 2012 15:49:44 -0400
Dear All,
I want to check sensitivity of my results with respect to possible
within-panel serial correlation in a sample for 50 US states over 28
years.
I am trying following methods to compute the standard errors: cluster,
xtscc, bootstrapping.
I have a few questions regarding each of these:
1) How do I determine which of these methods is more suited to my data?
2) While bootstrapping SEs, is there a method to determine the optimal
number of repetitions?
I will also appreciate it if you could share a resource that compares
these methods.
Thanks in advance.
best,
Yogesh
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