Hello, I have an interesting problem with my panel data random effects model.
In my model, there is autocorrelation and cross sectional correlation but no heteroscedasticity. In this situation, can I use Driscoll Kraay estimator, or what should I use alternatively as a robust estimator.
Thanks...
In my model, there is autocorrelation and cross sectional correlation but no heteroscedasticity. In this situation, can I use Driscoll Kraay estimator, or what should I use alternatively as a robust estimator.
Thanks...