My panel data has two levels, id and group in addition to time.
ids within a group is not independent, so I am thinking to use bootstrap cluster on group level instead of id level.
My data is
so I cannot do
Is there a way to do bootstrap cluster on group level?
ids within a group is not independent, so I am thinking to use bootstrap cluster on group level instead of id level.
My data is
Code:
xtset id time
Code:
vce(bootstrap cluster(group))
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