Dated panel data
Posted: Sun Sep 07, 2014 9:16 am
Hello,
I writing my thesis on the effect of the board of directors characteristics on CEO compensation.
My data consist of firms with each several years making it (i think) dated panel data.
When i want to test for heteroskedasticity, serie correlation and multicollinearity i search on youtube how to, but when i want to execute i don't see the same options. for example when i go to "view" -> "residual diagnostics" i don't get "serial correlation LM test" this is the same for the other tests.
The big difference between my screen and that of youtube is that they have in there equation output "methode: least squares" and i have "methode: panel least squares"
Why is this? and does it mean i don't have to test for it or that i need to use another program?
Please help!!
I writing my thesis on the effect of the board of directors characteristics on CEO compensation.
My data consist of firms with each several years making it (i think) dated panel data.
When i want to test for heteroskedasticity, serie correlation and multicollinearity i search on youtube how to, but when i want to execute i don't see the same options. for example when i go to "view" -> "residual diagnostics" i don't get "serial correlation LM test" this is the same for the other tests.
The big difference between my screen and that of youtube is that they have in there equation output "methode: least squares" and i have "methode: panel least squares"
Why is this? and does it mean i don't have to test for it or that i need to use another program?
Please help!!