GENERALIZED LEAST SQUARE(gls)
Posted: Sat Sep 03, 2011 3:24 am
Hi,
I am trying to use IVGLS to estimate my 3 simultaneous equations. I am trying to use GLS method to control for autocorrelation within panels and across panels. Using this I want to generate predicted values and use those predicted values as instruments in my original equation and then estimate using GLS method
I am trying to use IVGLS to estimate my 3 simultaneous equations. I am trying to use GLS method to control for autocorrelation within panels and across panels. Using this I want to generate predicted values and use those predicted values as instruments in my original equation and then estimate using GLS method