Hello,

Is there a similar test that I can run to the Hausman test, with FE/RE models with Driscoll-Kraay standard errors. I am using Driscoll-Kraay standard errors to control for autocorrelation and heteroskedasticity, but the Hausman test won't run returning "sigma option not allowed." Does anyone know a way around this or a similar test that can be run to determine which model is preferred? Thank you for your time.