Dear all,
This is my first post on Stata list and I am a new Stata user.
I have an unbalanced panel data with 150 countries and 50 years and I want to estimate an equation using time and country fixed effects and then calculate impulse response functions. Can you calculate impulse response functions with panel data or do I have to have time series? Will it be ok if a do the Hausman test then proceed with xtreg and then impulse response functions? I keep reading stuff but I am confused.
Any feedback is hugely appreciated.
Kind Regards,
Katerina
Stata 16.0/SE
I have an unbalanced panel data with 150 countries and 50 years and I want to estimate an equation using time and country fixed effects and then calculate impulse response functions. Can you calculate impulse response functions with panel data or do I have to have time series? Will it be ok if a do the Hausman test then proceed with xtreg and then impulse response functions? I keep reading stuff but I am confused.
Any feedback is hugely appreciated.
Kind Regards,
Katerina
Stata 16.0/SE
