Bumping this.
How should I proceed if I have a panel data and want to create a median variable that varies between year and group? Currently I have the cross-section id but then I have grouped the cross-section to 48 different groups (1-48).
Search found 2 matches
- Mon Dec 03, 2012 4:30 am
- Forum: Data Manipulation
- Topic: Creating dummies that vary over time and across funds
- Replies: 15
- Views: 17630
- Thu Nov 15, 2012 4:21 am
- Forum: Econometric Discussions
- Topic: Panel Estimation with GLS Cross Section Weights
- Replies: 2
- Views: 7828
Re: Panel Estimation with GLS Cross Section Weights
I am interested in this as well. Besides getting more significant variables and higher Durbin-Watson value, my R^2 jumps also. Here are the results when I do a normal Panel Least Squares: Dependent Variable: MLEVW-MLEVW(-1) Method: Panel Least Squares Date: 11/15/12 Time: 13:13 Sample (adjusted): 19...