I have a very important issue, and your help will mean a lot. I have N=5, T=31. I found hetero, auto, and csd in my data and I applied the PCSE model. I got comments that one of my independent variables could be correlated with the error term (or, in simple case there is chance of endogeniety). as i know GMM estimator is applicable for N>T and it cannot dela with CSD.
under these scenarios, can you please suggest me any other methodology which can handle all of the 4 issues as I mentioned earlier. thank you
Regards,
asad Abbas
under these scenarios, can you please suggest me any other methodology which can handle all of the 4 issues as I mentioned earlier. thank you
Regards,
asad Abbas
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