This command estimates the covariance structure of earnings for a variety of models using the GMM estimator. The program estimates models that incorporate time factor loadings and cohort factor loadings on both the transitory and permanent component, allows the transitory component to follow either an AR(1) or an ARMA(1,1) process and allows for a random growth and/or random walk process on the permanent component.
Language: Stata Requires: Stata version 10.0 Keywords:GMM; earnings; covariance structure (search for similar items in EconPapers) Date: 2010-06-30, Revised 2010-09-04 Note: This module should be installed from within Stata by typing "ssc install gmmcovearn". Windows users should not attempt to download these files with a web browser. References:Add references at CitEc CitationsTrack citations by RSS feed