search for: lagformula

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2009 Mar 27
0
R: plm and pgmm
...make such daring statements, because stata seemed able of running this and producing output. On the other hand, the exact NF number at which pgmm() dies does suggest that you are right. function( NF=7, NT=4 ) { d= data.frame( firm= rep(1:NF, each=NT), year= rep( 1:NT, NF), x=rnorm(NF*NT) ) lagformula= dynformula( x ~ 1, list(1) ) v=pgmm( lagformula, data=d, gmm.inst=~x, model="onestep", effect=NULL, lag.gmm=c(1,99), transformation="ld" ) } with NF=8, it works; and with NF=7, it dies. With NF=7, I have 28 data points in levels and 21 data points in differences, which are...
2009 Mar 26
1
pgmm (Blundell-Bond) sample needed
Dear R Experts--- Sorry for all the questions yesterday and today. I am trying to use Yves Croissant's pgmm function in the plm package with Blundell-Bond moments. I have read the Blundell-Bond paper, and want to run the simplest model first, d[i,t] = a*d[i,t-1] + fixed[i] + u[i,t] . no third conditioning variables yet. the full set of moment conditions recommended for system-GMM,