Search found 4 matches
- Tue Mar 17, 2015 1:41 am
- Forum: Estimation
- Topic: Estimated coefficient covariance matrix is of reduced rank
- Replies: 1
- Views: 3613
Estimated coefficient covariance matrix is of reduced rank
Hi! I'm using EViews7. I've looked through other posts regarding this issue, however, I don't find an explanation for my case. I believe I have more time series observation that cross sections, which could have been one of the issues. Dependent Variable: LOGTOBINQ Method: Panel Least Squares Date: 0...
- Tue Mar 10, 2015 1:59 pm
- Forum: Estimation
- Topic: Near Singular Matrix Error
- Replies: 6
- Views: 11480
Re: Near Singular Matrix Error
Sweet, I'll try and figure out a way to work around that (unless you know one, I wouldn't mind if you share it ;) )In your case your age variable is a cross-section trend. It is simply a number that goes up by 1 each year.
Thank you Gareth!
- Tue Mar 10, 2015 1:35 pm
- Forum: Estimation
- Topic: Near Singular Matrix Error
- Replies: 6
- Views: 11480
Re: Near Singular Matrix Error
Mathematically you can't have period fixed effects, cross-section fixed effects and cross-section trends. Hey Gareth, thanks alot for helping me out! I'm an undergrad, so please excuse my lack of econometric understanding, but I did not intentionally include cross-section trends. However, I would l...
- Tue Mar 10, 2015 7:06 am
- Forum: Estimation
- Topic: Near Singular Matrix Error
- Replies: 6
- Views: 11480
Near Singular Matrix Error
Hi! First off, I'm not entirely sure if this is the correct subforum to post this; if it isn't, I apologize. I'm also a newcomer to both EViews and this forum, so please be gentle :P . I use EViews 7. I'm trying to estimate the effects of women on the board (binarywomen= (0,1)) an interaction term (...
