I'm using Stata 14 with Windowns 10 OS.
I want to test for structural breaks using sbknown. The problem is that I'm rejecting H0 for every date that I test, including those that should have no break. Something is going wrong and I can't figure out what. Here is my data. I'm also attaching a graph identifying which dates I feel I should test. The code I'm using is the following.
Can anyone please help me figure this out?
I want to test for structural breaks using sbknown. The problem is that I'm rejecting H0 for every date that I test, including those that should have no break. Something is going wrong and I can't figure out what. Here is my data. I'm also attaching a graph identifying which dates I feel I should test. The code I'm using is the following.
Can anyone please help me figure this out?
Code:
regress meanDI date2 estat sbknown, break(tm(date))
Code:
* Example generated by -dataex-. To install: ssc install dataex clear input float(meanDI date2) 4.661818 420 5.315 421 5.632174 422 7.302941 423 5.707727 424 5.676667 425 5.620476 426 4.876956 427 4.8055 428 4.3042855 429 4.201 430 4.037 431 3.449091 432 3.603158 433 3.107619 434 3.022 435 2.707727 436 3.036316 437 2.4730434 438 2.638636 439 2.668095 440 2.51 441 2.669 442 2.5366666 443 2.354091 444 2.746111 445 2.5473685 446 2.347619 447 2.35 448 2.2571428 449 2.0786955 450 2.2414286 451 2.14 452 2.176087 453 4.415 454 3.920909 455 37.13524 456 33.905 457 28.035454 458 24.989473 459 22.563 460 20.939524 461 20.20739 462 19.17476 463 34.635715 464 41.3419 465 37.8005 466 30.90818 467 31.1515 468 38.41555 469 42.51783 470 34.805264 471 26.269524 472 21.483334 473 20.24636 474 19.21727 475 19.107143 476 18.768 477 18.739 478 18.771305 479 18.734285 480 18.72381 481 18.700476 482 18.43421 483 18.43591 484 17.95 485 16.78619 486 16.391304 487 16.465 488 16.481905 489 16.444 490 16.1285 491 15.40409 492 15.1 493 15.29182 494 15.9345 495 16.397272 496 17.2825 497 18.615 498 19.011305 499 19.042631 500 19.050909 501 19.0465 502 19.051 503 19.022272 504 18.953888 505 18.7015 506 18.366817 507 18.207144 508 17.8215 509 18.14913 510 17.868181 511 17.887142 512 19.53739 513 21.1385 514 22.92143 515 24.97591 516 25.6325 517 26.252106 518 26.231 519 end format %tm date2