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Samal Samal
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Posts: 639
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6 years ago
HAC standard errors should be used because
 
  A) they are convenient simplifications of the heteroskedasticity-robust standard errors.
  B) conventional standard errors may result in misleading inference.
  C) they are easier to calculate than the heteroskedasticity-robust standard errors and yet still allow you to perform inference correctly.
  D) when there is a structural break, then conventional standard errors result in misleading inference.
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BlackfireluvBlackfireluv
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6 years ago
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