contemporaneous correlation

[ashkan faramarzi]

Hello everyone,

Does anyone have a good resource for understanding the concept of contemporaneous correlation and also for solving this problem?

Thanks

[Carlo Lazzaro]

Ashkan:
this stuff looks competely obscure to me, but the following thread may help: http://www.stata.com/statalist/archi.../msg00201.html

[ashkan faramarzi]

I read this link before, but there is no explanation for what exactly contemporaneous correlation definition is and how to solve it? actually i have contemporaneous correlation in my panel data but i dont know how to solve it.

[Carlo Lazzaro]

Ashkan:
googling with the following string seems to give back some promising entries (admittedly, I have not delved into them): -contemporaneous correlation panel data-